credit rating

noun

1. a classification of credit risk based on investigation of a customer's or potential customer's financial resources, prior payment pattern, and personal history or degree of personal responsibility for debts incurred.

credit rating

noun

1. an evaluation of the creditworthiness of an individual or business enterprise

credit rating

1. An evaluation of the financial trustworthiness of an individual, firm, or government.

Word History and Origins

Origin of credit rating¹

First recorded in 1955–60