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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Looming larger now is the possibility of the company losing its crucial investment-grade credit rating. Pete Gannon, Axios, 24 Oct. 2024 The manufacturer faces the threat of its credit rating being cut to junk if the work stoppage drags on, a move that would increase borrowing costs and impede its access to capital. Julie Johnsson, Fortune, 20 Oct. 2024 Its investment-grade credit rating is hanging on by a thread; several ratings agencies putting the planemaker on watch for a cut to junk-bond territory. Melvin Backman, Quartz, 9 Oct. 2024 Canary Wharf Group’s credit rating has been cut further into junk territory by Fitch as the shift to working from home continues to reshape London’s office market. Robert Olsen, Forbes, 11 Sep. 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 8 Nov. 2024.

Last Updated: - Updated example sentences
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