Business / Finance / Creditworthiness: A group representing firms that have claims on a company facing bankruptcy or extreme financial difficulty.

Credit Risk

Business / Finance / Credit Risk: An evaluation of an individual's or company's ability to repay obligations or its likelihood of not defaulting See: Creditworthiness. MORE

California Housing Financial Discrimination Act Of 1977

Business / Real Estate / California Housing Financial Discrimination Act Of 1977: Also known as the Holden Act. A California act prohibiting discrimination by a lender for any reason unrelated to the creditworthiness of the loan applicant. MORE

Credit Spread

Business / Finance / Credit Spread: A statistical technique that combines several financial characteristics to form a single score to represent a customer's creditworthiness. MORE

Investment Value

Business / Finance / Investment Value: Applies mainly to dealer securities. Fixed income value of a convertible, the price at which the convert would have to sell as a straight debt instrument relative to the yield of other bonds of like m MORE

Five Hundred Dollar Rule

Business / Finance / Five Hundred Dollar Rule: Five characteristics that are used to form a judgment about a customer's creditworthiness: character, capacity, capital, collateral, and conditions. MORE

Credit Report

Business / Accounting / Credit Report: Financial information collected by businesses and used by lenders to determine creditworthiness of individuals. This information contains an individual’s personal and employment history, as well as MORE