Credit rating

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Revision as of 14:17, 10 April 2015 by imported>Doug Williamson (Expand to include credit ratings assigned by the NAIC. Source: The Treasurer, April 2015, p21.)
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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 credit rating agencies or other bodies.


See also