0 a system for measuring a country's, company's, or organization's ability to pay back its debts and any interest on those debts:
cut/downgrade/lower a debt rating The group's debt rating was downgraded from A- to BBB+.
increase/upgrade/raise a debt rating They announced that the company's debt rating had been raised to 'investment grade'.
debt rating system
NEW WORDS
European
May 10, 2021
WORD OF THE DAY
Shimmer
debt rating