rerate Definition
to assign a new or revised rating or value to something, especially a financial instrument.
Using rerate: Examples
Take a moment to familiarize yourself with how "rerate" can be used in various situations through the following examples!
Example
The credit agency will rerate the company's bonds after the merger.
Example
The bank decided to rerate the loan based on the borrower's improved credit score.
Example
The stock was rerated by several analysts following the earnings report.
rerate Synonyms and Antonyms
Synonyms for rerate
Summary: rerate in Brief
'Rerate' [ˌriːˈreɪt] is a verb that means to assign a new or revised rating or value to something, particularly a financial instrument. It is often used in the context of credit agencies, banks, and analysts who reassess the value of loans, bonds, or stocks based on new information or changes in the market. For example, 'The bank decided to rerate the loan based on the borrower's improved credit score.'