Credit standing

Credit standing,

Definition of Credit standing:

  1. Reputation for repaying loans. In the U.S., a credit rating is a quantitative version of credit standing.

  2. The reputation of a person or organization with regard to capability and promptness in meeting financial obligations.

How to use Credit standing in a sentence?

  1. Furthermore, for historical reasons the granting of a bill of sale tends to cast doubts on the credit standing of the merchant who effects it.

Meaning of Credit standing & Credit standing Definition