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credit rating

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.01 sec.
credit rating,
n the evaluation of a person's responsibility toward meeting financial obligations.


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Keeping on top of your credit rating is essential for your future financial health.
When a credit rating agency is invited to rate takaful and retakaful insurance--which is happening with increasing regularity as their numbers grow--it has to consider the practical implications for its analysis of this Shariah-compliant concept of insurance.
In 2006, Congress passed the Credit Rating Agency Reform Act that provided the SEC with authority to impose registration, recordkeeping, and reporting rules on credit rating agencies registered as Nationally Recognised Statistical Rating Organisations (NRSRO).
 
 
 
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