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Kreditwürdigkeit

creditworthiness

noun kre-DEET-vuer-dikh-kyte Rare
People & Society Money

Origin: from Kredit + würdig 'worthy' + -keit

Also means

credit standing

Usage Note

Kreditwürdigkeit describes whether a person or firm is judged able to repay a loan. It is an abstract feminine noun with essentially no plural. Banks assess it via the Bonität and a Schufa-Auskunft (German credit report). A high Kreditwürdigkeit means lower interest rates.

Examples

"Die Bank prüft zuerst die Kreditwürdigkeit des Kunden."

Natural Translation

The bank first checks the customer's creditworthiness.

Literal Translation

The bank checks first the creditworthiness of-the customer.

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