Rating scale - Financial definition
Financial acronyms
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Concise definition of the term rating scale
A rating scale is a grid containing a rating agency's set of credit grades. These grades, which are listed in descending order, each represent a graduation of the credit risk as it is perceived by the agency.
Comprehensive definition of the term rating scale
Most rating agencies have two rating scales, one for short-term debt and one for long-term debt which generally is much more granular.