credit rating agency

Definition of "credit rating agency"
  1. A firm responsible for evaluating the financial health of businesses, particularly their capacity to meet financial obligations such as stocks, bonds, and other financial duties
How to use "credit rating agency" in a sentence
  1. The bank collaborated with a credit rating agency in assessing the ability of the borrower to repay a large loan.
  2. Due to the low score from the credit rating agency, the tech start-up found it challenging to raise funds.
  3. The credit rating agency determined that the multinational corporation had a strong capacity to meet its financial obligations, increasing investor confidence.

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