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
2
Q
credit score
A
a measure of how financially worthy a person is to receive loans
3
Q
identity theft
A
the act of stealing and using someone else’s personal information
4
Q
service
A
something done for another person usually in exchange for payment