Glossary

Rating

A rating is an evaluation on a scale of the creditworthiness of a debtor (countries, companies, etc.) often carried out by a specialised rating agency. Also see Standard & Poor's.

Reinsurance

Reinsurance is when an insurance company insures a portion of its risk with another insurance company.

Retained Earnings

Retained earnings are the profits generated by the company that have not been distributed as dividends.