Define: Rating Service

UK Accounting Glossary

Definition: Rating Service



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Full Definition of Rating Service


A rating service is an organization that provides assessments of various entities for an interested audience, such as investors. For example, A.M. Best is a rating service that evaluates the financial strength of insurance companies. On any investor rating service list, Moody’s and Standard & Poor’s would be included as two of the best known in the US. Each rating service sets its own rating scale. For the investor, while the opinion of a rating service is helpful, additional knowledge and expertise can often improve investment decisions. A rating service may be helpful in evaluating a mutual fund, bond, preferred stock, commercial paper, or other debt. The term rating service is sometimes used as another name for a credit bureau, such as Experian, and the other agencies that compute FICO scores.


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Page URL
https://payrollheaven.com/define/rating-service/
Modern Language Association (MLA):
Rating Service. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. March 31, 2020 https://payrollheaven.com/define/rating-service/.
Chicago Manual of Style (CMS):
Rating Service. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/rating-service/ (accessed: March 31, 2020).
American Psychological Association (APA):
Rating Service. PayrollHeaven.com. Retrieved March 31, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/rating-service/

Definition Sources


Definitions for Rating Service are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th February 2020.