When Someone Calls and Pretends to Be from a Credit

question 107

Short Answer

When someone calls and pretends to be from a credit card company in order to check the validity of your credit card number, they are most likely engaging in ________.

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Definitions:

Bond Issue

The process of offering bonds for sale to potential investors, typically to raise capital for a corporation or government.

Redeemed

The act of repaying or buying back something, such as repaying a loan, fulfilling a promise, or converting a financial security.

Unamortized Premium

The portion of the bond premium that has not yet been expensed to interest over the life of the bond.

Straight-Line Method

A depreciation technique which evenly spreads the cost of a fixed asset over its useful life.