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

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

  • 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.

  • 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.

  • The Quality/Compliance Rating system consists of an on- site center assessment by a Regional Office team, usually conducted as part of the center review.


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 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 rating system developed by the department pursuant to § 54-5-1503; and
Rating system means all of the methods, models, processes, controls, and data collection and information technology systems used by an AI that enable the assessment of credit risk, the assignment of internal risk ratings, and the quantification of default and loss estimates by the AI;
Rating system means the LEED-H rating system, the build green New Mexico rating system or the energy star program for manufactured housing.