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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. |
More on financial management: Absorption Costing, Accounts Receivable Factoring, Credit Management, Customer Profitability Analysis, Debt Settlement, more... You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA. MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject.
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