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Bonität

creditworthiness, credit rating

noun bo-ni-TAYT Rare
People & Society Money

Origin: from Latin 'bonitas' (goodness)

Usage Note

Bonität describes the assessed ability of a borrower to repay debt. Lenders check Bonität before granting credit; a poor Bonität results in higher interest rates or refusal. The adjective bonitätsstark means 'highly creditworthy'.

Examples

"Die Bank prüfte die Bonität des Antragstellers, bevor sie den Kredit genehmigte."

Natural Translation

The bank checked the applicant's creditworthiness before approving the loan.

Literal Translation

The bank checked the creditworthiness of-the applicant, before it the loan approved.

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