Credit Rating Financial Glossary

What is it? A published ranking, based on detailed financial analysis by a credit bureau, of ones financial history, specifically as it relates to ones 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.

Finance Term Definition Added By: Kennedy

The Credit Rating definition has been viewed 2124 Time(s)!

Send To Friends!

If you'd like to send the Credit Rating definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Credit Rating. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Pension is A periodic or lump sum payment to a person following retirement from employment or to serving dependants of a deceased former employee.

Financial Term Bear market is A period of time during which the markets display continued weakness.

Financial Term Resource equalisation is This was a process introduced by central government in 2003/2004 as part of the grant review which aims to bring the average assumed level of council tax which authorities need to charge broadly in line with actual council tax levels.

Financial Term Buildings and contents insurance is A combined insurance policy which covers both the cost of rebuilding or repairing the structure of the property and also includes cover for damage/loss to the property contents.

Financial Term ENEU is Equal weight neutral