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credit rating
(redirected from Negative credit rating)

    Also found in: Medical, Wikipedia, Hutchinson 0.06 sec.
Credit Rating
An assessment of the credit worthiness of individuals and corporations. It is based upon the history of borrowing and repayment, as well as the availability of assets and extent of liabilities.

Notes:
Credit is important since individuals and corporations with poor credit will have difficulty finding financing, and will most likely have to pay more due to the risk of default.

Credit rating
An evaluation of an individual's or company's ability to repay obligations or its likelihood of not defaulting See: Creditworthiness.
credit rating
A grading of a borrower's ability to meet financial obligations in a timely manner. Credit ratings are set by lenders and by independent agents for companies, individuals, and specific debt issues. See also bond rating.


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