credit rating agency
- 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
- The bank collaborated with a credit rating agency in assessing the ability of the borrower to repay a large loan.
- Due to the low score from the credit rating agency, the tech start-up found it challenging to raise funds.
- 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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