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credit rating
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   Also found in: Dictionary/thesaurus, Medical, Financial, Wikipedia 0.01 sec.

credit rating

Measure of the ability to pay for goods, loans, or services rendered by an individual, company, or country. The lower the credit rating, the higher the interest charged by banks and other creditors is likely to be. A high credit rating will attract loans on more favourable terms.



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Fitch said it had lowered Ireland's sovereign credit rating to AA minus from AA plus, reflecting in part a severe shrinkage of the economy.
The agency Standard and Poor's raised Macedonia's sovereign credit rating outlook from negative to stable.
The British Pound may see selling pressure in European hours as the UK Public Finances report shows the government's monthly cash shortfall rose again in June, boosting fears that mounting fiscal debt may lead to a reduction in the UK's sovereign credit rating.
 
 
 
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