credit rating

noun

: a score or grade that a company or organization gives to a possible borrower and that indicates how likely the borrower is to repay a loan

Credit ratings are based on how much money, property, and debt a borrower has and on how well the borrower has paid past debts.

Examples of credit rating in a Sentence

Recent Examples on the Web

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Fitch, Moody’s and other credit rating agencies also review annuity companies. —

Liz Knueven, CNBC, 13 Dec. 2024 After the three main credit rating agencies found that medical debt wasn’t a good predictor of creditworthiness, the 14% of Americans who had unpaid medical debt on their reports in 2022 dwindled to 5% by the middle of 2023. —

Patrik Jonsson, The Christian Science Monitor, 6 Dec. 2024 The credit rating agency expects France’s budget deficit to reach 6.2% of GDP by the end of the year. —

Lauren Kent, CNN, 4 Dec. 2024 As the strike dragged on, new CEO Kelly Ortberg announced about 17,000 layoffs and a stock sale to prevent the company’s credit rating from being cut to junk status. —

David Koenig, Fortune, 4 Nov. 2024 See all Example Sentences for credit rating

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“Credit rating.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20rating. Accessed 28 Dec. 2024.

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