0 a calculation of someone's ability to pay back money that they have borrowed --
1 a judgment of whether a person or organization is likely to pay for things that are bought using credit: --
2 a calculation of the ability of a person, business, or government to pay their debts: --
good/high credit rating Companies which are considered financially secure are usually awarded a high credit rating.
We must remember that it is expected that there will be a more comprehensive improvement of the credit rating agencies in the spring of 2011.
The global financial crisis, to which the credit rating agencies made their contribution, had an influence on this initiative.
Private credit rating agencies have been given new rights to set the standards and promises of delegation of power from the public authorities.
This again raises issues relating to the role of credit rating agencies in the financial system and prudential regulation.
For example, credit rating agencies should publish their ongoing stress tests and scenario analyses so as to improve market transparency and minimise shocks.
How can we improve the operating methods of credit rating agencies and, above all, the dissemination of information, and how can we improve competition?
Finally, we have gone into those sensitive areas of securitisation and credit rating agencies.
Even when there was no direct veto, the threat of a downgraded credit rating for a country deemed to be wasting money on public expenditure was a major deterrent.
