Q » Define credit rating agencies.
06 Dec, 2025
A » Credit rating agencies are specialized financial services companies that assess the creditworthiness of entities, such as corporations, governments, and financial instruments. They provide ratings that reflect the likelihood of default on debt obligations, aiding investors in making informed decisions. These ratings range from high-grade investment ratings to speculative grades, indicating varying levels of risk. Prominent agencies include Standard & Poor's, Moody's, and Fitch Ratings.
06 Dec, 2025
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