credit rating agency

noun

Legal Definition of credit rating agency

: a business firm that rates the financial condition of other businesses especially with regard to their ability to pay on the stocks, bonds, and other financial obligations they issue

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“Credit rating agency.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/credit%20rating%20agency. Accessed 11 Aug. 2020.

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