credit rating

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Related to credit ratings: Credit scores, Credit Ratings Agencies

credit rating,

n the evaluation of a person's responsibility toward meeting financial obligations.
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The NCRA has experience in the credit rating of various trade companies, whereas Global Ratings has specialized in a portfolio of banks and municipalities.
2990, the "Credit Rating Agency Duopoly Relief Act of 2005," which would establish new registration procedures designed to increase competition in the credit rating marketplace.
Duff & Phelps, which began offering public credit rating services in 1980, is an internationally recognized credit rating agency.
Under the proposed rule, any credit rating agency (CRA) that meets this codified definition would effectively be a NRSRO.
CONTACT: Ernie Elsner of Duff & Phelps Credit Rating Company, 312-368-3175, or Paul F.
In addition, the Sarbanes-Oxley Act ([section]702b) requires the Securities and Exchange Commission (SEC) to review the functioning of the credit rating agencies and the entire process of awarding the nationally recognized statistical rating organization (NRSRO) designation, now held by four organizations: Moody's Investors Services, Standard & Poor's, Fitch Ratings Ltd.
Most importantly, the downgrade of our credit rating left the company a damaged ally in the energy procurement arena, an arena we must soon re-enter as we plan for the impending loss of our low-cost Hydro-Quebec and Vermont Yankee contracts," Young said.
The financial strength ratings of A- (Excellent) and issuer credit ratings of "a-" have been affirmed with stable rating outlooks for the following subsidiaries of QBE Re Group - U.
The issuer credit rating has been downgraded to "bbb-"from "bbb" for PXRE Group Ltd.
CHICAGO -- Fitch Ratings affirms the credit ratings of The Bear Stearns Companies Inc.
Best has assigned various issuer credit ratings (ICR) to all the above companies.