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Meaning of “ratings agency” in the English Dictionary

"ratings agency" in Business English

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ratings agencynoun [C]

uk   us   (also rating agency) FINANCE, STOCK MARKET
an ​organization that ​calculates the ​risk that a ​share, ​bond, etc. will not be ​paid back, using a ​system of ​letters to show the ​level of ​risk: The company's ​debt is ​rated AA by ​majorratingsagencies.
(Definition of ratings agency from the Cambridge Business English Dictionary © Cambridge University Press)
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