Meaning CREDIT SCORING: A statistical technique that combines several financial characteristics to form a single score to represent a customer's creditworthiness
More terms such as Credit scoring in Dictionary C.
- Definition Company:
- Examples A proprietorship, partnership, corporation, or other form of enterprise that engages in business credit scoring definition.
- Definition Capital:
- Examples Money invested in a firm credit scoring explain.
- Definition Credit Risk:
- Examples The risk that an issuer of debt securities or a borrower may default on its obligations, or that the payment may not be made on a negotiable instrument. Related: Default risk credit scoring what is.
- Definition Closed-End Management Company:
- Examples An investment company that has only a set number of shares of the mutual fund that it manages, and does not create new shares if demand increases. Antithesis of an open-end management company credit scoring meaning.
- Definition Commodity Futures Contract:
- Examples An agreement to buy a specific amount of a commodity at a specified price on a particular date in the future, allowing a producer to guarantee the price of a product or raw material used in production credit scoring abbreviation.
