credit watch

credit watch
A warning issued by a credit rating agency alerting investors that the current rating is under review and may be upgraded or downgraded. American Banker Glossary
A warning by a bond rating firm indicating that a company's credit rating may change after the current review is concluded. Bloomberg Financial Dictionary

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   When a credit rating agency announces that it is putting a borrower on credit watch it is giving notice that it expects shortly to issue a lower or higher credit rating.
   ► See also Credit Rating.

Financial and business terms. 2012.

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