[ C or U ] a calculation of how likely it is that a person or company will not be able to pay back money they have borrowed from a bank or other organization:
The system assesses the credit risk of new borrowers.
corporate bonds with little credit risk/efforts to reduce credit risk
[ C ] If a person or an organization is a credit risk, it is likely that they may not be able to pay back money that they have borrowed from a bank or other organization:
Even if you are considered a bad credit risk, there are still a few options available to you for borrowing money.