Appearance
Use device theme  
Dark theme
Light theme

What is a credit rating?

What is a credit rating? Here are some definitions.

Noun
  1. (finance) An estimate, based on a company, government or person's history of borrowing and repayment and/or available financial resources, that is used by creditors to determine the maximum amount of credit that can be extended without undue risk.
Find more words!
Use * for blank tiles (max 2) Advanced Search Advanced Search
Use * for blank spaces Advanced Search
Advanced Word Finder
Similar Words
Examples
Some lenders may view one or two missed repayments relatively benignly and your credit rating may be largely unaffected.
However, if a company is losing its credit rating, financial resources may suddenly disappear, leading to debt.
It has lost its triple-A credit rating and can't assume that lenders will be willing to refinance its growing debt forever.
If the issuer has a bad credit rating, bond traders demand higher yields to compensate for the extra risk.
The company retains an investment-grade credit rating of BBB and throws off huge sums of cash.
But in other countries, you may need to build up a credit rating from scratch or there may be problems with exchange controls.

See Also

Nearby Definitions
Find Definitions
go
Word Tools Finders & Helpers Apps More Synonyms
Copyright WordHippo © 2025