A Corrupt Individual Stealing Credit Card Numbers to Make Fraudulent

question 31

Short Answer

A corrupt individual stealing credit card numbers to make fraudulent purchases is an example of ____________________.

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Definitions:

Futures Contract

A contract to purchase or sell a specified commodity or financial instrument at an agreed-upon price at a future date.

Credit Risk

The risk that the bond will not make all of its promised payments; default risk.

Swap Market

A market in which individuals, businesses, and institutions exchange financial instruments, like interest rates or currencies.

Fixed Rate

An interest rate that remains constant over the life of a loan or investment.