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Creditworthy: meaning, definitions and examples

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creditworthy

[ ˈkrɛdɪtˌwɜrði ]

Adjective

^{Context #1 | Adjective}

financial sector

Deserving of receiving credit, typically used to describe an individual or business entity that is considered reliable and likely to repay borrowed money.

Synonyms

dependable, reliable, solvent, trustworthy.

Which Synonym Should You Choose?

Word	Description / Examples
creditworthy	Used to describe an individual or entity that is deemed capable of paying back a loan or debt based on their financial history. The bank considers him creditworthy for the mortgage. After reviewing her credit score, she was deemed creditworthy.
trustworthy	Used to describe someone who is honest and can be trusted to do or say the right thing. As a trustworthy person, he was given the keys to the building. Her trustworthy nature made her a favorite among her peers.
reliable	Similar to dependable, this word is often used to describe someone or something consistently good in quality or performance, and able to be trusted. He's a reliable friend who always supports me. The data from this study is considered reliable.
dependable	Used to describe a person or thing that can be relied on to do what is expected without failure. She is a dependable employee who never misses a deadline. The car has been very dependable over the years.
solvent	Mainly used in financial contexts, referring to an individual or company that has enough resources to pay all debts. The company has been solvent for many years, even during the recession. She managed her finances wisely and remained solvent.

Examples of usage

Only creditworthy applicants will be approved for a loan.
The bank evaluates the creditworthiness of each borrower before granting a mortgage.
She proved her creditworthiness by maintaining a good credit score over the years.

Translations

Translations of the word "creditworthy" in other languages:

🇵🇹 solvente

🇮🇳 साख्य

🇩🇪 kreditwürdig

🇮🇩 layak kredit

🇺🇦 кредитоспроможний

🇵🇱 wiarygodny

🇯🇵 信用に値する

🇫🇷 solvable

🇪🇸 solvente

🇹🇷 kredi değerliliği olan

🇰🇷 신용할 만한

🇸🇦 جدير بالائتمان

🇨🇿 schopný splácet

🇸🇰 úveruschopný

🇨🇳 有信用的

🇸🇮 kreditno sposoben

🇮🇸 lánshæfur

🇰🇿 несиеге қабілетті

🇬🇪 საკრედიტოუნარიანი

🇦🇿 kreditə yararlı

🇲🇽 solvente

Etymology

The term 'creditworthy' originated in the financial sector and has been used since the mid-20th century. It reflects the concept of assessing the ability of an individual or business to repay borrowed funds. The evaluation of creditworthiness plays a crucial role in determining eligibility for loans, mortgages, and other forms of credit.