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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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 The messy showdown eventually resulted in a debt limit suspension along with a deal for caps on annual federal spending — but not without a credit downgrade from one of the major credit rating agencies. Aris Folley, The Hill, 19 Dec. 2024 See all Example Sentences for credit rating 

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Cite this Entry

“Credit rating.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20rating. Accessed 6 Jan. 2025.

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