One common term used in the world of finance is "tort," which refers to an action that can potentially cause harm or injury to another person or their property. This term is often used in the context of lawsuits and legal proceedings. Essentially, a tort is any action that results in harm or damage, whether intentional or unintentional. It's important to understand this term as it can have significant implications in the financial world and can help individuals protect themselves from potential legal consequences.
