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creditworthy |
Also found in: Financial, Encyclopedia | 0.03 sec. |
creditworthy Adjective (of a person or a business) regarded as deserving credit on the basis of earning power and previous record of debt repayment creditworthiness n
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High-profile, creditworthy companies that once sought space in other areas are coming to 250 West 57th Street, thanks to a massive renovations effort and a change of management, both of which were initiated in 2003. The bonds will yield 14 percent annually, about double what a creditworthy company would pay to raise a similar amount. The common wisdom taught in graduate school is that banks allocate funds to creditworthy borrowers. |
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