Creditworthy

Creditworthy: Having a favorable credit rating.
Currency: Paper money. Explore the federal government's American Currency Exhibit online and take a virtual tour of the Money Museum.

Creditworthy: The risk of default on a debt obligation by that entity is considered low.
Creeping Expropriation: A series of acts that have an expropriating effect on a project's value.

Large and creditworthy company.
Book-entry securities
The Treasury and federal agencies are moving to a book-entry system in which securities are not represented by engraved pieces of paper but are maintained in computerized records ...

rate that the most creditworthy international banks dealing in eurodollars charge each other for large loans. The LIBOR rate is usually the base for other large Eurodollar loans to less creditworthy corporate and government borrowers.

Quality is graded on a scale, with AAA indicating the most creditworthy issuers of long-term securities, A-1 or P-1 indicating the most creditworthy issuers of taxable money market securities, ...

The most creditworthy of all debt instruments. Gross earnings Total amount of pretax earnings before deductions are made. Gross national product (GNP) The dollar output of final goods and services in the economy during a period of time.

master notes The commercial paper issued by large, creditworthy firms to banks. master policy An insurance policy issued to an employer, creating a group insurance plan. match Two balancing transactions.

Credit Risk The threat that a bond issuer may not be creditworthy. Rating agencies such as Standard & ...

A mortgage contract that allows, or does not prohibit, a creditworthy buyer from assuming the mortgage contract of the seller.

The World Bank loans financial resources to creditworthy developing countries. It raises most of its funds by selling bonds in the world's major capital markets.

The idea behind a keepwell agreement is to make the subsidiary company appear more creditworthy in the eyes of banks and other lenders. Without a keepwell agreement a small subsidiary might have trouble securing additional financing.

Large and creditworthy company.
International Business Company (IBC)
An IBC is a corporation formed (incorporated) under a Company Act of a tax haven, but not authorized to do business within that country of incorporation; ...

Interest rate charged by banks to their most creditworthy and largest corporate customers. The prime rate is used as a base rate for other types of loans such as personal, commercial and financing.

This is granted by banks only to very creditworthy customers. It states that the bank will guarantee amounts that its customer incurred when purchasing goods. A letter of credit might be necessary for a U.S.

A term used by Export credit agencies to indicate those countries considered not creditworthy, and towards which the ECA will refuse to guarantee bank loans for export financing.

The situation in which many investors sell or reduce purchases of less creditworthy investments and simultaneously buy or increase purchases of the most creditworthy investments.

Used in the context of general equities. Large and creditworthy company. Company renowned for the quality and wide acceptance of its products or services,and for its ability to make money and pay dividends. Gilt-edged security.
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Prime Lending Rate
The rate of interest charged to creditworthy bank client for loans offered by chartered banks.
Prime Rate
The rate suggested by the Bank of Canada on which most banks base their prime mortgage lending rate.

The interest rate banks charge their most creditworthy customers. All interest rates charged by banks, including credit card rates, are based on the prime rate. Some rates are expressed as "prime plus" one, two, or more percentage points.

PRIME RATE:  The interest rate charged by banks to their most creditworthy customers (usually the most prominent and stable business customers). The rate is almost always the same amongst major banks.

BLUE-CHIP COMPANY - Used in the context of general equities. Large and creditworthy company. Company re...
BLUE-CHIP STOCKS - Stocks of seasoned companies that have paid regular dividends in both good and bad y...

The guidelines a company follows to determine whether a credit applicant is creditworthy.
Credit Terms
The conditions under which credit will be extended to a customer. The components of credit terms are: cash discounts, credit period, net period.

This rating signifies that the security or carrier is not creditworthy enough to be considered as an investment, and is therefore considered speculative. Investors or policyowners are taking a higher level of risk with this entity.

Prime Rate
The lowest commercial interest rate charged by banks on short-term loans to their most creditworthy customers. Changes in the prime rate influence changes in other rates, including mortgage interest rates.

An affiliate of the World Bank, the IBRD aims to reduce poverty in creditworthy developing countries by promoting sustainable development through loans, guarantees, and analytical and advisory services.

Also, some banks or other lenders may be willing to buy time drafts that a creditworthy foreign buyer has accepted or agreed to pay at a specified future date.

Prime rate
Interest rate charged by a chartered bank to its most creditworthy customers.
Principal
The person for whom a broker carries out a trade.

Credit Standards
The guidelines a company follows to determine whether a credit applicant is creditworthy.
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as 'naked credit default swaps' because the swap purchasers do not own the underlying obligation. The protection becomes more valuable as the company becomes less creditworthy. This is similar to naked shorting of stocks.
By Eric R. Dinallo ...

The Economist Intelligence Unit's profile states: 'Funds disbursed under the programme are often going to companies that are not creditworthy and that would otherwise go bankrupt' (EIU 2001, p. 29).

The interest rate at which banks lend to their best (prime) customers. Much more often than not, a banks most creditworthy customers borrow at rates below the prime rate.
Primitive security ...

Bonds issued by lower-rated corporations, sovereign countries and other entities rated Ba or BB or below and offering a higher yield than more creditworthy securities, sometimes known as junk bonds.
Holding Company ...

The agencies make their judgement agter appraising an issuer's ability to meet its obligations. Quality is graded on a scale, with Aaa or AAA indicating the most creditworthy bond issuers and A-1 or MIG-1 indicating the most credit worthy issuers of ...

The upward and downward trend of the bank rate affects the prime lending rates that chartered banks give to their most creditworthy borrowers, as well as rates on all types of bank deposits, short-term paper, bonds and mortgages.

non-repayment, inability to pay interest and offers practical solutions to the bank's aversion of publishing applicants. An ambitious publishing entrepreneur offers to banks the facility to earn more interest once the client has proven creditworthy.

dollar LIBOR-fixing process has been questioned by some market participants and the financial press, it appears that U.S. dollar LIBOR remains an accurate measure of a typical creditworthy bank's marginal cost of unsecured U.S. dollar term funding." ...

The interest rate, which may be fixed or floating, mainly depends on the credit standing of a borrower. Thus, creditworthy borrowers may find syndication more advantageous. (See also BEST EFFORTS BASIS and SHETTY COMMITTEE.) ...

transactions but could also impact the credit worthiness of the counterparty. Another example might occur with an emerging-market counterparty, where there is country and possibly currency risk associated with the counterparty (however creditworthy ...

By contrast, the se...(Read more)
Prime Rate
The interest rate which banks offer to their prime customers, that is, those with the most creditworthy records. The UK equivalent is base r...(Read more)
Principal ...

Blue-chip company Large and creditworthy company. Blue-sky laws State laws covering the issue and trading of securities. Bogey The return an investment manager is compared to for performance evaluation.

Large and creditworthy company. Company renowned for the quality and wide acceptance of its products or services, and for its ability to make money and pay dividends. Gilt-edged security.

prime rate The interest rate major banks charge their most creditworthy borrowers. principal The original value of investment or debt. probate The legal process of verifying a will and appointing an executor to carry it out.

The largest of the five institutions that comprise the World Bank Group, IBRD provides loans and development assistance to middle-income countries and creditworthy poorer countries.
International Centre for Settlement of Investment Disputes ...

More often than not, a bank's most creditworthy customers borrow at rates below the prime rate. Prime rate fund A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders.

[EPA] blue-chip company Large and creditworthy company. [Harvey][WCSU] blue-chip stock Stock in a company with a national reputation for quality, reliability and the ability to operate profitably in good and bad times.

See also: Banks, Values, Expected return, Expense, Prepayment