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credit rating

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
credit rating,
n the evaluation of a person's responsibility toward meeting financial obligations.


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Our Committee on Corporate Finance (CCF) was an early and forceful advocate of the Credit Rating Agency Reform Act of 2006.
``Today's action by Fitch reaffirms what the financial markets and credit rating agencies have been saying for some time now: The state's credit rating will not be fully restored until the budget is truly balanced and the state's deficit spending is brought to an end,'' Angelides said in a written statement.
Credit rating is in focus because of high profile credit problems and the New Basel - II Proposals.
 
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