Credit standing,
Definition of Credit standing:
Reputation for repaying loans. In the U.S., a credit rating is a quantitative version of credit standing.
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?
- 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