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.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.