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.
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Origin of credit rating
First recorded in 1955–60
Words nearby credit rating
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
Example sentences from the Web for credit rating
Global stocks tumbled again Monday as the U.S. credit-rating downgrade by S&P sent jitters through markets.
British Dictionary definitions for credit rating
an evaluation of the creditworthiness of an individual or business enterprise
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cultural definitions for credit rating
An evaluation of the financial trustworthiness of an individual, firm, or government.
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.