Rating system definition

Rating system means all of the methods, processes, controls, data collection and IT systems that support the assessment of credit risk, the assignment of exposures to rating grades or pools, and the quantification of default and loss estimates that have been developed for a certain type of exposures;
Rating system means a public benefit rating system adopted for classified open space land according to RCW 84.34.055.
Rating system means either an ISAF International or Recognized Rating System.

Examples of Rating system in a sentence

  • Rating system for sustainability sub-criteriaOn each of the dimensions of sustainability of the project outcomes will be rated as follows.Likely (L): There are no risks affecting this dimension of sustainability.Moderately Likely (ML).

  • Surety company bond rating shall be rated “A” or better under the A.M. Best Rating system or The Federal Treasury List.

  • The hazard determination shall be made based on an objective risk tree rating system such as the USDA Forest Service 12-point Risk Tree Rating system or the International Society of Arboriculture Hazard Tree Evaluation system.

  • Employees achieving this certificate will assist their centers in the Early Achievers Rating system.

  • Rating system for quality of evaluation reportsA number rating 1-6 is used for each criterion: Highly Satisfactory = 6, Satisfactory = 5, Moderately Satisfactory = 4, Moderately Unsatisfactory = 3, Unsatisfactory = 2, Highly Unsatisfactory = 1, and unable to assess = 0.


More Definitions of Rating system

Rating system means every classification, rating plan, merit rating plan, rating values, and manual, containing the rules used by an insurer in the determination of premiums.
Rating system means], a collection of rating plans to be used by an insurer, rules for determining which rating plans are applicable to an insured, a classification system, and other rules used by an insurer for determining contractual consideration for insured.
Rating system means the rating system developed by the department pursuant to § 54-5-1503; and
Rating system means a public benefit rating sys- tem adopted for classified open space land according to RCW 84.34.055.
Rating system means any video game rating system shown on the exterior packaging of a video game when it is sold or rented.
Rating system means the LEED-H rating system, the build green New Mexico rating system or the energy star program for manufactured housing.
Rating system means every schedule, class, classification, rule, guide, standard, manual table, rating plan, or compilation, by whatever name described, containing the rates used by any rating organization or by any insurer, or used by any insurer or by any rating organization in determining or ascertaining a rate and includes any policy form, or part thereof, used therewith.” N.J.S.A. 17:29A-1(d).