Define: Rating

A rating means a score, no lower than "A", given by a recognized [rating agency] to determine financial trustworthiness

A rating means a score, no lower than "A", given by a recognized [rating agency] to determine financial trustworthiness.

Relevant Circumstances

  • Evaluating a lender's risk before issuing a loan
  • Determining the interest rate for a bond or loan
  • Evaluating the financial health of a company before investment
  • Assessing creditworthiness for leasing contracts

Looking for a quick legal answer?

Draft, review and negotiate legal documents empowered by the market-leading contracting AI.

No credit card required - 30-second signup