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

  • Forest Service may change the Industrial Fire Precaution Levels to other values upon revision of the National Fire Danger Rating System and may change the specific Industrial Fire Precaution Levels when such changes are necessary for the protection of the National Forest.

  • The Forest Service will determine Fire danger ratings by using the National Fire Danger Rating System.

  • Forest Service may change the Project Activity Level Table to other values upon revision of the National Fire Danger Rating System.

  • The LEED Green Building Rating System and other similar environmental guidelines (collectively “LEED”) utilize certain design and usability recommendations on a project in order to promote an environmental friendly and energy efficient facility.

  • This generally corresponds to a Home Energy Rating System (HERS) Index Score in the low to mid-50s, depending on the size of the home and region in which it is built.


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).