credit rating agency

noun

  • Banking and Finance
  • Debtor-Creditor

Definitions of credit rating agency

  • an organization which collects and stores information about companies’ (but not individuals’) credit ratings (=calculation of a company’s ability to pay back money borrowed) and provides it to banks, finance companies etc

    With so much power in the hands of credit rating agencies, it's vital they don't make mistakes.

This is a limited preview — please sign in or subscribe to learn everything we know about the term “credit rating agency”.

Phrase Bank for credit rating agency