Creditworthiness

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Creditworthiness

Eligibility of an individual or firm to borrow money.

Creditworthiness

The ability to borrow money. The better one's creditworthiness, the more likely it is that a bank or other financial institution will extend credit. One establishes creditworthiness by repaying loans and other bills on time, spending prudently, and generally showing that one can behave in a financially responsible way. Individual creditworthiness is measured by the FICO score while a company's or other organization's creditworthiness usually is measured by its credit rating.

creditworthiness

see CREDIT CONTROL.
References in periodicals archive ?
At the end of the day, the sale leaseback investor must be able to go out to at least one MAI appraiser to justify the sale price for the purposes of financing the property, although such appraisals do take into account the financial value of the lease from a credit worthy lessee as a significant contributor to value.
In order to do so, however, the tenant must be credit worthy, but in my experience, in the majority of "takeovers" tenants receive free rent in lieu of the prospective new building owner taking over the obligation.
There is also good interest in new long term leases from several of the credit worthy chains expanding into the northeast.