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Credit Rating


Definition: Credit Rating is the result of an evaluation process of the creditworthiness of an entity (business or government) by a CR agency, based upon its current financial condition and past credit history.
It shows the debtor's ability to pay back the debt and the likelihood of default.


Learn more about Credit Rating.

More on financial management: Absorption Costing, Accounts Receivable Factoring, Credit Management, Customer Profitability Analysis, Debt Settlement, more on financial management...

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