credit ratingˈcredit ˌrating [countableC]FINANCE a calculation of a company’s or government’s financial strength and the risk of it not being able to repay loans or pay suppliers when it shouldChrysler’s credit rating dropped to junk-bond levels when the company was virtually bankrupt.
Some analysts believe that Mexico’s credit rating will be upgraded (=increased) to investment grade in the near future.
Standard & Poor is downgrading (=decreasing) the credit rating for Sun Alliance Group to double-A-plus from triple-A.
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