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Rating agency
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Rating agency
Practical Law UK Glossary 8-203-8993
(Approx. 3 pages)
Glossary
Rating agency.
An agency which specialises in giving a
credit rating
to:
A company or other entity in respect of its general creditworthiness.
A company's specific debt obligation (such as a loan or
bond
).
The market leaders are Standard & Poor's, Moody's Investor Services and Fitch Ratings.