This shows grade level based on the word's complexity.
noun
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.
QUIZ
WILL YOU SAIL OR STUMBLE ON THESE GRAMMAR QUESTIONS?
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Question 1 of 7
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These algorithms train a sort of machine gaze on photographs and videos, spitting out numerical values akin to credit ratings, where the highest scores can unlock the best online opportunities for likes, views, and matches.
Today, a city with a decent credit rating can borrow for about 2% for 30 year loans, and even a city with mediocre ratings can borrow for less than 4%.
Moodyâs, the credit rating agency, expects the ratio of debt to GDP in the 19 biggest emerging markets to rise by an average of 10 percentage points this year alone.
To the extent SEC investigators believe Sweetwaterâs managers lied to their credit rating agency and investors, âthey will go after it,â said Matt Fabian, who researches municipal bond markets for Municipal Market Analytics.