Concept information
Preferred term
credit ratings
Definition
- A credit rating is an assessment of the creditworthiness of a debt issuer or a specific debt obligation, together with any additional security attached to it. The rating represents an opinion on the ability and willingness of an obligor to deliver payments due to investors. [Source: Encyclopedia of Business in Today's World; Credit Ratings]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/credit_ratings
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