Economics B A-Level
Credit rating agencies
What Credit rating agencies means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Credit rating agencies
Check what you remember
Read the wording for your board, then hide it and explain Credit rating agencies in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Institutions that evaluate the default risk of corporate and government bonds and assign grades to help investors assess that risk.
Topics that use Credit rating agencies
- The role of the financial sector (Pearson Edexcel A-Level)
Related terms
- Capital allocation
- Financial intermediation
- International trade
- Liquidity
- Medium of exchange
- Payment systems
- Saving and borrowing
- Systemic stability
Using Credit rating agencies in the exam
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