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.

More on credit rating. More on financial management: Accounts Receivable Factoring, Credit Management, Debt Settlement, Investor Relations, Job Order Costing, more...