credit rating

noun

: a score or grade that a company or organization gives to a possible borrower and that indicates how likely the borrower is to repay a loan

Credit ratings are based on how much money, property, and debt a borrower has and on how well the borrower has paid past debts.

Examples of credit rating in a Sentence

Recent Examples on the Web

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Last month, Ortberg announced plans to lay off about 17,000 people and a stock sale to prevent the company’s credit rating from being cut to junk status. —

David Koenig, Fortune, 6 Nov. 2024 To boost its cash reserves and stave off a credit rating downgrade, Boeing conducted a stock offering last month to raise $21.1 billion. —

Siladitya Ray, Forbes, 5 Nov. 2024 In October, the company revealed plans to raise as much as $35 billion to refill its quickly draining treasury, a tricky dance considering that new debt would threaten its barely-there investment-grade credit rating. —

Melvin Backman, Quartz, 5 Nov. 2024 That is the amount Boeing raised from a stock offering on Monday to avoid a credit rating downgrade. —

Siladitya Ray, Forbes, 30 Oct. 2024 See all Example Sentences for credit rating

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“Credit rating.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20rating. Accessed 26 Nov. 2024.

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