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Definition: Credit Rating is the result of an evaluation process of the creditworthiness of an entity (business or government) by a CR agency, based upon its current financial condition and past credit history. |
More on financial management: Absorption Costing, Accounts Receivable Factoring, Credit Management, Customer Profitability Analysis, Debt Settlement, more on financial management... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic.
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