Definition of Standard & Poor's from the Oxford Advanced Learner's Dictionary

 

Standard & Poor's

 
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an international company started in its present form in 1941 but with a history going back to 1860. It is now owned by McGraw Hill and is based in New York with offices in 23 countries. It publishes information about companies and gives them credit ratings (= a judgement about whether they are able to pay back money that they borrow, and how safe it is to lend money to them).