credit rating

noun

1. a classification of credit risk based on investigation of a customer's or potential customer's financial resources, prior payment pattern, and personal history or degree of personal responsibility for debts incurred.

credit rating

noun

1. an evaluation of the creditworthiness of an individual or business enterprise

credit rating

1. An evaluation of the financial trustworthiness of an individual, firm, or government.

Word History and Origins

Origin of credit rating¹

First recorded in 1955–60

Example Sentences

It came after warnings that a prolonged strike could lead to downgrades of Boeing's credit rating, which would make it more expensive for it to borrow money.

From BBC

It came after warnings that a prolonged strike could lead to downgrades to Boeing's credit rating that would make it more expensive for it to borrow money.

From BBC

He said he had "learned my lesson now", explaining that he considered himself lucky that he had managed to rent his current home for himself and his family despite his credit rating.

From BBC

Major credit ratings agencies had previously warned that the strike could lead to downgrades, which would make it more expensive for the company to borrow money.

From BBC

Last month, global agency Moody’s downgraded the Maldives' credit rating, saying that “default risks have risen materially”.

From BBC