creditworthiness

creditworthiness
A creditor's measure of a consumer's past and future ability and willingness to repay debts. American Banker Glossary
————
Eligibility of an individual or firm to borrow money. Bloomberg Financial Dictionary
The condition in which the risk of default on a debt obligation by that entity is deemed low. Bloomberg Financial Dictionary

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creditworthy cred‧it‧wor‧thy [ˈkredtˌwɜːði ǁ -ˌwɜːr-] adjective ECONOMICS BANKING
if a country, business, or individual is creditworthy, they are in a good position financially and have a good record of paying back loans on time, so institutions can lend money to them with confidence that the money will be paid back:

• Banks are reluctant to lend except to the most creditworthy borrowers.

— creditworthiness noun [uncountable] :

• There were doubts about the airline's creditworthiness following reports that it was having difficulty repaying some of its loans.

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creditworthy UK US /ˈkredɪtˌwɜːði/ US  /-ˌwɝː-/ adjective
► FINANCE used to describe a person, business, or government to which financial organizations are willing to lend money: less/more/most creditworthy »

During a credit crunch, banks are reluctant to lend except to the most creditworthy borrowers.

 »

Pawnbrokers are popular with those not considered creditworthy enough to be granted bank accounts.

creditworthiness /ˈkredɪtˌwɜːðɪnəs/ US  /-ˌwɝː-/ noun [U]
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Your credit report includes your credit score, which gives lenders an instant picture of your creditworthiness.


Financial and business terms. 2012.

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Look at other dictionaries:

  • creditworthiness — The apparent ability to pay creditors, from our own resources. For a company this is usually measured by the standing and reputation of your company s business and its record for paying creditors, established principally by references. The… …   Law dictionary

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  • creditworthiness — An assessment of a person s or a business s ability to pay for goods purchased or services received. Creditworthiness may be presented in the form of a credit rating …   Big dictionary of business and management

  • creditworthiness — creditworthy ► ADJECTIVE ▪ considered suitable to receive commercial credit. DERIVATIVES creditworthiness noun …   English terms dictionary

  • creditworthiness — noun see creditworthy …   New Collegiate Dictionary

  • creditworthiness — See creditworthy. * * * …   Universalium

  • creditworthiness — noun The property of being creditworthy …   Wiktionary

  • creditworthiness — cred|it|wor|thi|ness [ kredıt,wɜrðinəs ] noun uncount the degree to which a person, organization, or country is considered likely to pay back money that they borrow …   Usage of the words and phrases in modern English

  • creditworthiness — UK [ˈkredɪtˌwɜː(r)ðɪnəs] / US [ˈkredɪtˌwɜrðɪnəs] noun [uncountable] the degree to which a person, organization, or country is considered likely to pay back money that they borrow …   English dictionary

  • creditworthiness — / kredɪtˌwɜ:ðinəs/ noun the ability of a customer to pay for goods bought on credit …   Marketing dictionary in english

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