Credit quality

A measure of a bond issuer's ability to repay interest and principal in a timely manner. Rating agencies assign letter designations such as AAA, AA, and so forth. The lower the rating, the higher the probability of default.

Credit Quality

A measure of the likelihood of default, especially by a bond issuer. Credit ratings agencies determine credit quality in order to provide bond ratings; they may change these from time to time. FICO scores are measures of the credit quality of individuals. See also: Investment-grade, Junk.

单词	credit quality
释义	DictionarySeecredit rating Credit quality Credit quality A measure of a bond issuer's ability to repay interest and principal in a timely manner. Rating agencies assign letter designations such as AAA, AA, and so forth. The lower the rating, the higher the probability of default. Credit Quality A measure of the likelihood of default, especially by a bond issuer. Credit ratings agencies determine credit quality in order to provide bond ratings; they may change these from time to time. FICO scores are measures of the credit quality of individuals. See also: Investment-grade, Junk.
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