Creditworthiness

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

Links
Home
Glossary
Thesaurus