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

This past fall the IMF warned of inflated credit ratings on life insurers’ private credit holdings, which could result in defaults far exceeding predictions in a downturn.

From The Wall Street Journal

S&P Global Ratings reaffirmed the Emirates’ AA/A-1+ sovereign credit rating, citing our fiscal depth, diversified growth engines and proven ability to protect investments, even in crisis.

From The Wall Street Journal

Both Fitch and S&P Global have assigned Paramount a BB+ issuer credit rating, also referred to as junk status.

From Barron's

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