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credit rating

noun

Simple Definition of credit rating

  • : a score or grade that a company or organization gives to a possible borrower and that indicates how likely the borrower is to repay a loan

Source: Merriam-Webster's Learner's Dictionary

Full Definition of credit rating

  1. :  a score or grade that a company or organization gives to a possible borrower and that indicates how likely the borrower is to repay a loan <Credit ratings are based on how much money, property, and debt a borrower has and on how well the borrower has paid past debts.>

Word by Word Definitions

creditplay
  1. :  reliance on the truth or reality of something

    :  the balance in a person's favor in an account

    :  an amount or sum placed at a person's disposal by a bank

  1. :  to trust in the truth of :  believe

    :  to supply goods on credit to

    :  to bring credit or honor upon

rating
  1. :  a classification according to grade

    :  a military or naval specialist classification

    :  a naval enlisted man


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