Credit rating agency and Dr: Difference between pages

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(CRA).
''Book-keeping''.


A firm or unit within a firm that issues [[credit rating]] opinions that are often summarised in an alpha-numerical rank ordering.
Debit.  


Because in recent years there has been a trend towards regulation of credit rating agencies, some firms take care to avoid calling themes a credit rating agency or to call their opinions credit ratings.
Also written DR.  


In the US, the key recognition of long standing is as Nationally Recognised Statistical Rating Organisation ([[NRSRO]] by the [[Securities and Exchange Commission]]. In the [[European Union]], they have, more recently introduced the idea of registered and certified credit rating agencies recognised by the [[European Securities and Markets Authority]] (ESMA) - for European updates on CRAs see http://ec.europa.eu/finance/rating-agencies/index_en.htm.


== See also ==
* [[Cr]]
* [[Debit]]


== See also ==
[[Category:Accounting,_tax_and_regulation]]
* [[AAA]]
[[Category:The_business_context]]
* [[Ratings]]

Latest revision as of 20:09, 25 June 2022

Book-keeping.

Debit.

Also written DR.


See also