Glossary

Rating Agency

is a profit organization providing the assessment of the issuers’ solvency, debt obligations, corporate governance quality, asset management quality, etc. The most well-known product of Rating Agencies is the assessment of solvency - credit rating. It reflects the risk of non-payment of a debt obligation and affects the interest rate, cost and debt obligation yield. In this case, a higher rating corresponds to a lower risk of non-payment.
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