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What does the term impact mean?

Updated: 9/15/2023
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Wiki User

14y ago

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Adverse impact means negative or undesired impact or results. For example, when banks and mortgage brokers approved home buyers for loans who were at high risk for repaying the loans, it had an adverse impact on the economy, lending industry, and buyers as it caused the amount of foreclosures to sky rocket when the economy went into recession.

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Lelia Bernier

Lvl 10
1y ago
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Q: What does the term impact mean?
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