Credit rating: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add second definition. Source: Linked pages.)
imported>Doug Williamson
(Layout.)
Line 8: Line 8:




2. ''Smaller and medium sized organisations.''
2. ''Smaller & medium sized organisations.''


An assessment of creditworthiness provided by a credit reference agency.
An assessment of creditworthiness provided by a credit reference agency.

Revision as of 00:59, 18 March 2021

1. Larger organisations.

A credit rating is an assessment of creditworthiness.

Although the general term can apply to individuals and smaller businesses, in treasury it is usually used with reference to public debt issued by larger 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.


2. Smaller & medium sized organisations.

An assessment of creditworthiness provided by a credit reference agency.


See also


Other links

Measuring up, The Treasurer, Nov 2014