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Rating agency
Practical Law ANZ Glossary w-012-0743 (Approx. 2 pages)
Glossary
Rating agency
An agency that specialises in giving a credit rating to:
- A company or other entity in respect of its general creditworthiness.
- A company's specific debt obligation (such as a loan or bond).
The market leaders are Standard & Poor's, Moody's Investor Services and Fitch Ratings.