credit rating

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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.

Nearby words

  1. credit life insurance,
  2. credit limit,
  3. credit line,
  4. credit manager,
  5. credit memorandum,
  6. credit risk,
  7. credit slip,
  8. credit squeeze,
  9. credit standing,
  10. credit transfer

Origin of credit rating

First recorded in 1955–60

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for credit rating



British Dictionary definitions for credit rating

credit rating

noun

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

Culture definitions for credit rating

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.