Creditworthiness
/ˈkrɛdɪtwɜːrðinəs/
Definitions
- (n.) The quality of being reliable in repaying debts.
Lenders assess creditworthiness before approving a loan.
Related terms
See also
Commentary
Often evaluated through credit scores and financial history; essential in lending and contract drafting.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.