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HASSET Thesaurus

Concept information

ECONOMICS > FINANCE > FINANCIAL INSTITUTIONS > CREDIT RATING AGENCIES

Preferred term

CREDIT RATING AGENCIES  

Definition

  • 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. WELL-KNOWN CRAS INCLUDE MOODY'S, FITCH RATINGS AND STANDARD & POOR'S.

Broader concept

Scope note

  • DO NOT CONFUSE WITH THE TERM 'CREDIT REFERENCE AGENCIES'.

History note

  • TERM CREATED JULY 2012

Keyword search

Definition source

  • THE FREE DICTIONARY

URI

https://hasset.ukdataservice.ac.uk/637bd13a-fccd-483f-a020-b74ba5e52569

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