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Definition of

facility takeover


type of identity theft a type of fraud in which a person impersonates another person and falsely claims a change of address in order to gain access to and control that person's financial accounts

Definitions of ’facility takeover’ and meaning of ’facility takeover’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’facility takeover’ and other financial terms with our online QFINANCE Financial Dictionary.

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