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 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
: 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
: to trust in the truth of : believe
: to supply goods on credit to
: to bring credit or honor upon
: a classification according to grade
: a military or naval specialist classification
: a naval enlisted man
Seen and Heard
What made you want to look up credit rating? Please tell us where you read or heard it (including the quote, if possible).