Category: C

Definition A credit card dump refers to the unauthorized digital copy of the information contained in the magnetic strip of an active credit card. This

Definition A Credit Linked Note (CLN) is a type of funded credit derivative, a financial instrument designed to separate and then transfer the credit risk

Definition A credit card balance refers to the total amount of money that you owe to your credit card company. It includes everything ranging from

Definition Creditworthiness is a measure of an individual’s or entity’s ability to repay debt and the likelihood of them defaulting. This assessment is primarily based

Definition A credit rating is an assessment of the creditworthiness of a borrower, be it an individual, a business, or a government. It evaluates their

Definition A credit report is a detailed document that outlines an individual’s credit history. It’s compiled by credit bureaus and used by lenders to determine

Definition Credit risk is the potential loss that a lender may incur if a borrower fails to meet their repayment obligations. It is an aspect

Definition Cross elasticity of demand is a measure used in economics to show the responsiveness or change in the quantity demanded of a product or

Definition Cross Culture in finance refers to the interaction and understanding of different cultures within a business environment. It encompasses how people from diverse cultural

Definition A credit union is a type of financial institution that is member-owned, providing various banking services like deposits, loans, and credit cards to its