Cut-Off Score.

A cut-off score is the minimum score that a borrower must achieve on a credit scoring model in order to be approved for a loan or credit card. The cut-off score is set by the lender, and is based on the lender’s internal risk management criteria. For example, a lender may set a cut-off score … Read more

Morganization Definition.

The Morganization Definition is a term used to describe the process by which the wealthy and powerful gain greater control over society. This process usually involves the consolidation of power and resources within a small number of individuals or organizations. The term is named after J.P. Morgan, a late 19th century American financier who was … Read more