The-definition.com

Definition

Credit-rating agencies

Credit-rating agencies is the  investment advisory firms that rate the quality of corporate and muni8cipal bonds in terms of the probability of default.

Share it:  Cite

More from this Section

  • Bankers’ acceptance
    Bankers’ acceptance refers to an unconditional promise of a bank to make payment on ...
  • Convexity
    Convexity is the rate of change in an asset’s price or value varies with the level of ...
  • Points quotation
    Points quotation is a forward quotation expressed only as the number of decimal points ...
  • Available Balance
    Available Balance is the portion of a customer’s account balance having no restrictions ...
  • Commercial and industrial loans
    Commercial and industrial loans is the credit granted to business to help cover purchases ...