Which term means a fixed or strong belief?

• A. Trade Credit
• B. Conviction
• C. Bank Overdraft
• D. Litigation

Answer: (B)

A fixed or strong belief is captured by the term conviction. Conviction describes a firmly held opinion or belief, often with a sense of certainty or commitment behind it. In everyday use, you might say someone has a strong conviction about fairness or about a particular policy guiding their actions. The other terms relate to finance or law—trade credit is a payment arrangement with suppliers, a bank overdraft is borrowing from a bank, and litigation is legal action—so they don’t convey the idea of a belief or opinion.