From Longman Business Dictionarycredit agencyˈcredit ˌagencyFINANCEORGANIZATIONS an organization that gives information about the financial strength of companies and governments to financial institutions and suppliers, so that they can decide whether to lend money or allow goods to be bought on creditThe credit agency lowered the rating of California’s public debt to double-A from the top rank of triple-A. → agency