- 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.
Origin of credit rating
First recorded in 1955–60
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples 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.Wall Street Bloodbath
August 8, 2011
- an evaluation of the creditworthiness of an individual or business enterprise
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.