Question

Match the following:

Answer 1

Answer:

1. Account verification: a process in which banks check your history to make sure you will be a responsible account holder.

2. Budget: a coverage plan for how you will spend and save money.

3. Claim: a request for payment from an insurance company.

4. Deductible: the amount an individual has to pay when they make a claim, with the remaining cost covered by the insurance company.

5. Liability: insurance that covers other people's injury or loss for which you are responsible.

6. Phishing: requesting confidential information over the internet under false pretenses in order to fraudulently obtain credit card numbers, passwords, or other personal data.

Answer 2

Answer:

1. account verification - a process in which banks check your history to make sure you will be a responsible account holder

2. Budget - coverage a plan for how you will spend and save money

3. Claims - a request for payment from an insurance company

4. Deductible - the amount an individual has to pay when they make a claim, with the remaining cost covered by the insurance company

5. Liability - insurance that covers other people's injury or loss for which you are responsible

6. Phishing - requesting confidential information over the internet under false pretenses in order to fraudulently obtain credit card numbers, passwords, or other personal data.