credit rating
nounUK /ˈkred.ɪt ˌreɪ.tɪŋ/
US /ˈkred.ɪt ˌreɪ.t̬ɪŋ/
A credit rating is a score that shows how good someone is at paying back money they borrow.
The bank checked her credit rating before giving her a loan.
OTHER MEANINGS
2. A judgment by an agency about how safe it is to lend money to a company or country.
The agency lowered the country's credit rating after the crisis.
3. A rating given to a bond or other investment showing how risky it is.
Investors prefer bonds with a high credit rating.
4. The general opinion others have of how reliable someone is with money.
Paying bills on time can improve your credit rating.