Creditworthiness

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Related to creditworthinesses: credit rating

Creditworthiness

Eligibility of an individual or firm to borrow money.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

creditworthiness

see CREDIT CONTROL.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson