creditworthy

  • 81candid — I adjective aboveboard, apertus sincerus, apparent, blunt, candidus, categorically true, creditworthy, direct, explicit, express, forthright, frank, frankhearted, honest, ingenuous, liber, not lying, objective, open, outright, outspoken, overt,… …

    Law dictionary

  • 82meritorious — mer·i·to·ri·ous /ˌmer ə tōr ē əs/ adj 1: deserving of honor or esteem 2: having merit a meritorious claim Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …

    Law dictionary

  • 83Blue-chip company — Large and creditworthy company. The New York Times Financial Glossary …

    Financial and business terms

  • 84Prime rate — The interest rate at which banks lend to their best ( prime) customers. Much more often than not, a bank s most creditworthy customers borrow at rates below the prime rate. The New York Times Financial Glossary * * * prime rate prime rate ➔ rate1 …

    Financial and business terms

  • 85London Interbank Offered Rate — ( LIBOR) The rate the highest quality banks pay for Eurodollar deposits. There is a different LIBOR for each deposit maturity. LIBOR is commonly used as an index that represents short term rates. American Banker Glossary LIBOR A short term… …

    Financial and business terms

  • 86blue-chip company — Used in the context of general equities. Large and creditworthy ( creditworthiness) 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… …

    Financial and business terms

  • 87credit standards — The guidelines a company follows to determine whether a credit applicant is creditworthy ( creditworthiness). Bloomberg Financial Dictionary …

    Financial and business terms

  • 88IBRD — ( International Bank for Reconstruction and Development) IBRD or World Bank makes loans at nearly conventional terms to countries for projects of high economic priority. Bloomberg Financial Dictionary website: www.worldbank.org/ibrd * * * IBRD… …

    Financial and business terms

  • 89wrong-way risk — This type of risk occurs when exposure to a counterparty is adversely correlated with the credit quality of that counterparty. There are two types of wrong way risk. Specific wrong way risk arises through poorly structured transactions, for… …

    Financial and business terms

  • 90blue chip — A phrase used to describe shares of the highest quality and lowest risk. Not to be confused with blue blood, which merely indicates a prestigious background. Dresdner Kleinwort Wasserstein financial glossary Large and creditworthy company.… …

    Financial and business terms