credit rating

American  

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.

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credit rating British  

noun

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

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credit rating Cultural  

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

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Etymology

Origin of credit rating

First recorded in 1955–60

Example Sentences

According to Moody’s, which provides credit ratings for companies and governments, U.S. banks’ exposure to private credit was nearly $300 billion, as of June last year.

From MarketWatch

Levine said the city’s credit rating remains strong and that its bonds remain safe and secure.

From Barron's

But when they are private, the investments are complex to track and don’t always have the same credit ratings and monitoring systems as publicly traded bonds.

From The Wall Street Journal

In a report on Monday, Fitch warned of the risk that Paramount’s financial and leverage targets will slip, and downgraded the group’s credit rating to BB+ from BBB-, and placed it on rating watch negative.

From The Wall Street Journal

Owl Rock specialized in lending money at high interest rates to companies with below investment-grade credit ratings.

From The Wall Street Journal