Description
A credit rating agency (CRA, also called a Ratings Service) is a company that assigns credit ratings — rating of the debtor's ability to pay back the debt making timely interest payments and the likelihood of default.
UNIT-V
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DEFINITION
Ratings are designed exclusively for the...
Description
A credit rating agency (CRA, also called a Ratings Service) is a company that assigns credit ratings — rating of the debtor's ability to pay back the debt making timely interest payments and the likelihood of default. An agency may rate the issuers of debt obligations, the debt...
A credit rating agency (CRA) is a company that assigns credit ratings for issuers of certain types of debt obligations as well as the debt instruments themselves. In some cases, the servicers of the underlying debt are also given ratings. In most cases, the issuers of securities are companies...