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Inheritance

"Inheritance" refers to the passing of assets and liabilities to heirs or persons identified in a will upon the death of an individual.

 

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   Credit Rating Agency

A "credit rating agency" is a company that assigns credit ratings for issuers of various debt obligations. In most cases, these issuers are companies or governmental agencies. A credit rating measures the creditworthiness of the borrower, and the borrower's ability to repay the debt. Examples of credit rating agencies include Moody's, Fitch and Standard & Poor's.
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