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credit rating |
Also found in: Medical, Financial, Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.15 sec. |
credit rating Noun an evaluation of the ability of a person or business to repay money lent
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Our Committee on Corporate Finance (CCF) was an early and forceful advocate of the Credit Rating Agency Reform Act of 2006. ``Today's action by Fitch reaffirms what the financial markets and credit rating agencies have been saying for some time now: The state's credit rating will not be fully restored until the budget is truly balanced and the state's deficit spending is brought to an end,'' Angelides said in a written statement. Credit rating is in focus because of high profile credit problems and the New Basel - II Proposals. |
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