A review of the record and financial affairs of an individual or corporation to ascertain creditworthiness.
A critical review and appraisal of the economic and financial conditions or of the ability to meet debt obligations.
Evaluating information on companies and bond issues in order to estimate the ability of the issuer to live up to its future contractual obligations. Related: Default risk.
The analysis of a company's performance, financial standing and future prospects with the objective of determining whether it will be able to fulfil its present and proposed contractual obligations.