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

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In October, the company revealed plans to raise as much as $35 billion to refill its quickly draining treasury, a tricky dance considering that new debt would threaten its barely-there investment-grade credit rating. Melvin Backman, Quartz, 5 Nov. 2024 That is the amount Boeing raised from a stock offering on Monday to avoid a credit rating downgrade. Siladitya Ray, Forbes, 30 Oct. 2024 Brokers marked at high severity might also display tags such as Affected credit rating, Insurance scams, or Stalking. PCMAG, 23 Oct. 2024 Standard & Poor’s, which is on the verge of downgrading Boeing’s credit rating to junk bond status for the first time in the company’s history, estimates that the strike is costing Boeing an additional $1 billion a month, on top of its existing rate of losses. Chris Isidore, CNN, 23 Oct. 2024 See all Example Sentences for credit rating 

Dictionary Entries Near credit rating

Cite this Entry

“Credit rating.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20rating. Accessed 24 Nov. 2024.

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