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Confianza (English: trust) is a Latin American form of mutual reciprocity. [1] In the context of interpersonal relationships , its presence indicates that both parties recognize a mutual duty to honor their relationship by extending specially favorable treatment.
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Confidence is the feeling of belief or trust that a person or thing is reliable. [1] Self-confidence is trust in oneself. Self-confidence involves a positive belief that one can generally accomplish what one wishes to do in the future. [2]
High-trust societies display a high degree of mutual trust not imposed by outside "contractual, legal or hierarchical regulation", but instead are based upon "prior moral consensus". [1]
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One manifestation of the overconfidence effect is the tendency to overestimate one's standing on a dimension of judgment or performance. This subsection of overconfidence focuses on the certainty one feels in their own ability, performance, level of control, or chance of success.
Consumer confidence is an economic indicator that measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation.