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Meaning of “credit rating agency” in the English Dictionary

"credit rating agency" in Business English

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credit rating agencynoun [C]

uk   us   (also credit ratings agency, also credit agency)
FINANCE a ​company that ​calculates creditratings and ​provides them to ​financialorganizations and other ​companies: Standard & Poor's became the second ​creditratingagency to ​cut the company's ​creditrating 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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