USA: Legal rights

(measure: points; source: The World Bank)

USA: Index of legal rights for creditors and borrowers (0 - 12)

: For that indicator, The World Bank provides data for the USA from 2013 to 2015. The average value for the USA during that period was 11 points with a minumum of 11 points in 2013 and a maximum of 11 points in 2013.
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The index of legal right for creditors and borrowers in the USA ranges from 0 (no rights) to 10 (strong rights). Stronger legal rights such as efficient bankruptcy procedures, rules for financial disclosure, clear property rights, etc. facilitate lending. Legal rights rankings around the world. Create and download charts for USA Legal rights and other indicators with the country comparator.

World Bank definition: Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 12, with higher scores indicating that these laws are better designed to expand access to credit.
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