Die Kreditwürdigkeit
Example: Die Kreditwürdigkeit der Firma beeinflusst den Zinssatz stark.
Definition
"Kreditwürdigkeit" refers to the creditworthiness or the ability of a person or company to repay borrowed money. It is an assessment of financial reliability that significantly affects the interest rate a lender may offer.
Etymology
The word "Kreditwürdigkeit" comes from the German words "Kredit," meaning credit or loan, and "Würdigkeit," meaning worthiness or merit. Together, they describe the quality of being worthy of credit or trust. Did you know that "Kredit" itself originates from the Latin 'creditum,' meaning a loan or something entrusted?
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"Die Kreditwürdigkeit" appears in the Vocaplus list "German - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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