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creditworthy - Definition / Legal Terminology - Income TaxExtract Word 'creditworthy' In Blacks Law Dictionary, Ninth Edition page 426, the word creditworthy has been defined as under:- creditworthy, adj. (1924) (Of a borrower) financially sound enough that a lender will extend credit in the belief default is unlikely; fiscally healthy-creditworthiness. In The New Lexicon Webster's Dictionary, the word creditworthy has been defined as under:- creditworthy, adj. of one who is a good risk as a borrower. [CIT (CENTRAL) VERSUS SK. JAIN- 2013 (12) TMI 1310 - ALLAHABAD HIGH COURT]
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