Credit Rating
An assessment of the credit worthiness of individuals and corporations. It is based upon the history of borrowing and repayment, as well as the availability of assets and extent of liabilities. Investopedia Says:
Credit is important since individuals and corporations with poor credit will have difficulty finding financing, and will most likely have to pay more due to the risk of default. Related Terms:
Bond Rating
Collection Agency
Credit Enhancement
Credit Risk
Default Model
Default Risk
Fixed-Income Style Box
Gross Debt Service Ratio - GDS
Impaired Credit
Total Debt Service Ratio - TDS |