Ratings
/ˈreɪtɪŋz/
Definitions
- (n.) Assessments or classifications assigned to entities, often reflecting their creditworthiness, risk level, or quality, used in legal and financial contexts.
The court considered the credit ratings when evaluating the issuer's default risk.
Related terms
See also
Commentary
In legal documents, distinctions between different types of ratings (e.g., financial, regulatory) should be clear to avoid ambiguity.
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.