Managing Financial Information Flashcards

1
Q

bankruptcy

A

a condition of financial failure, in which a person or business receives assistance from the court to rearrange finances in order to eliminate debt or restructure payments

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2
Q

credit score

A

a measure of how financially worthy a person is to receive loans

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3
Q

identity theft

A

the act of stealing and using someone else’s personal information

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4
Q

service

A

something done for another person usually in exchange for payment

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