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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Last month, new CEO Kelly Ortberg announced plans to lay off about 17,000 workers and sell new stock to raise cash and prevent the company's credit rating from sliding into junk status. —

Dan Perry, Newsweek, 3 Jan. 2025 The year 2024 could be a tipping point for credit rating agency (CRA) influence after overplayed the sovereign credit rating card. —

Ann Rutledge, Forbes, 31 Dec. 2024 Toyota has taken stakes in Subaru Corp., Suzuki Motor Corp. and Mazda Motor Corp., creating a powerhouse of brands backed by its top-notch credit rating. —

Bloomberg, The Mercury News, 18 Dec. 2024 Last month, Ortberg announced plans to layoff about 17,000 people and a stock sale to prevent the company’s credit rating from being cut to junk status. —

David Koenig, Fortune, 5 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 18 Jan. 2025.

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