Credit . A cknowledgement, praise, appraisal or respect for something for having a quality, producing something, doing something, etc. Money available for a client to borrow Credit is the trust which allows one party to provide resources with approval of deferred payments. Credit Rating.
Acknowledgement, praise, appraisal or respect for something for having a quality, producing something, doing something, etc.
Money available for a client to borrow
Credit is the trust which allows one party to provide resources with approval of deferred payments
Lowest Grade also known as
Default or JUNK
Other than SNP and Moody’s , some more Credit rating agencies that rate organisations are :
rating and sends to the issuer.
Downgrading means when a country gets devalued in terms of grade by one status down or perhaps more. The downgrade doesn't actually mean the country will default but it is just a negative change in the rating of the country. This situation occurs when the rating agency feel that the future prospects of the country have weakened and they are uncertain of the government's ability to meet its debt obligations
Recent Countries in Eurozone downgraded :France, Italy, Cyprus, Portugal, Spain, Austria, Malta, Slovakia, Slovenia
The bottom line is that it is a very delicate matter where lot of danger is associated with a downgrade. In short run, this downgrade would do weird things on the streets of any concerned country and could tremble the financial markets around the world.
Always be a question
Profit, Loss and Risk is the answer
Eisenstein said uncertainty is the only certainity….
Business always has a long way to go