credit rating Definition

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credit rating

Definition

A published ranking, based on detailed financial analysis by a credit bureau, of one's financial history, specifically as it relates to one's ability to meet debt obligations. The highest rating is usually AAA, and the lowest is D. Lenders use this information to decide whether to approve a loan.

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'credit rating' appears in the definitions of these other terms on BusinessDictionary.com

yield differential, credit derivative (CD), loan participation fund, overdraft, credit event, and

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