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August 31, 2024 3 min read Definitions
Credit Ratings: Formal Evaluations of Creditworthiness
Economics Finance Banking Creditworthiness Bond Covenants Moody’s S&P Fitch
Credit ratings are formal evaluations of an entity's creditworthiness by major rating agencies like Moody's, S&P, and Fitch, influenced by factors such as bond covenants.
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