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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 on financial management... 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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