Credit rating

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Revision as of 07:40, 10 April 2015 by imported>Doug Williamson (Link with Treasurer's Handbook page.)
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An assessment of creditworthiness.

Although the general term can apply to individuals, in treasury it is usually used with reference to public debt issued by corporations or public bodies.

So for example a bond issue by a large corporation, or by a government, would usually be given a credit rating by one or more rating agencies.


See also