Credit rating

From ACT Wiki
Revision as of 12:43, 12 November 2015 by imported>Doug Williamson (Added link to Treasurer's Handbook)
Jump to navigationJump to search

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 credit rating agencies or other bodies.


See also


Other links

Measuring up, The Treasurer, Nov 2014