A credit rating indicates the expected likelihood that a borrower will miss interest or principal payments and possibly default on the debt obligation in the form of a loan, mortgage, or bond.

Name: A credit rating indicates the expected likelihood that a borrower will miss interest or principal payments and possibly default on the debt obligation in the form of a loan, mortgage, or bond.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

This statement accurately describes what a credit rating measures.

A Credit Rating Indicates the Expected Likelihood That a Borrower