Entry from British & World English dictionary
Definition of credit standing in English:
The reputation of a person or organization with regard to capability and promptness in meeting financial obligations.
- 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.
- The credit standing would decline if fiscal erosion were to continue.
- Since she is looking to buy a house in the near future, she shouldn't look to close her accounts, since this could negatively impact her credit standing.
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