/ˈkrɛdɪt ˈreɪtɪŋ ˈeɪdʒənsi/ – Phrase
Definition: Tổ chức đánh giá tín dụng.
A more thorough explanation: an organization which collects and stores information about companies’ (but not individuals’) credit ratings (=calculation of a company’s ability to pay back money borrowed) and provides it to banks, finance companies etc
Example: With so much power in the hands of credit rating agencies, it’s vital they don’t make mistakes.