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Creditworthiness

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
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.


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assessed Macedonia's creditworthiness as positive, assigning it BB+ credit ratings with a stable outlook and confirmed the expectations of Standard and Poor's for keeping the present creditworthiness in the future.
Referring to Nikko Cordial's pending task of reinforcing services for corporate clients, Watanabe said the firm's enhanced creditworthiness under SMFG's umbrella will be a ''big weapon'' for becoming a comprehensive brokerage house.
Global credit ratings agency Fitch warned the Treasury on Thursday about the state of Britain's economy, saying it could endanger its creditworthiness if public debt is not brought down.
 
 
 
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