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English definition of “credit rating agency”

credit rating agency

noun [C]
 
 
( also credit ratings agency, also credit agency)
FINANCE a company that calculates credit ratings and provides them to financial organizations and other companies: Standard & Poor's became the second credit rating agency to cut the company's credit rating after Moody's did the same on Monday.
(Definition of credit rating agency from the Cambridge Business English Dictionary © Cambridge University Press)
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