Long-term credit rating

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Long-term credit rating
/ˈlɒŋtɜːm ˈkrɛdɪt ˈreɪtɪŋ/ (n.)

A formal assessment by a recognised credit rating agency of an entity’s creditworthiness and overall ability to meet its long-term financial obligations in light of its financial strength, business stability and management quality as well as industry conditions. Long-term credit ratings are usually designated in ratings scales like AAA to D (S&P and Fitch) or Aaa to C (Moody’s)

See also

• Rating structured notes
• Ratings notches
• Financial weapons of mass destruction