- impaired credit
- /ɪmˌpeəd 'kredɪt/ noun USa situation where a person becomes less creditworthy than before
Dictionary of banking and finance. 2015.
impaired credit
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Impaired Credit — A deterioration in the creditworthiness of an individual or entity. This is usually reflected through a lower credit score, in the case of an individual, or a reduction in the credit rating assigned to an entity by a rating agency or lender. The… … Investment dictionary
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