WebThe ability to borrow, on the opinion conceived by the lender that he will be repaid. This definition includes the effect and the immediate cause of credit. The debt due in consequence of such a contract is also called a credit; as, administrator of an the goods, chattels, effects and credits, &c. 2. The time extended for the payment of goods ... WebAnnual (or monthly maintenance) fee. A fee that is charged either yearly or monthly for the use of your credit card if your account is open or if you maintain an account balance, whether or not you have active charging privileges. Monthly charges will appear on your statement as Monthly Maintenance Fee and annual charges as Annual Fee.

32 Credit Card Definitions and Terminology - Self

WebSep 27, 2024 · Key Points About: The Definition of a Credit Card. Credit cards allow consumers to borrow money against a credit line. Applying for a credit card usually … Webcredit card. n. (Banking & Finance) a card issued by banks, businesses, etc, enabling the holder to obtain goods and services on credit. Collins English Dictionary – Complete … meriden housing authority waiting list log in

CREDIT CARD definition in the Cambridge English Dictionary

Web2 Joint contractual responsibility. When there's a "2" or "J" listed, this code indicates a joint account. That means you are a part of an account that you share responsibility. You may … WebAug 4, 2024 · How Secured Credit Cards Work. When you get approved for a secured credit card, you'll receive a credit card that looks just like an unsecured credit card. … WebMay 26, 2015 · Definition of Credit Card Fraud. Noun. The unauthorized use of an individual’s credit card or card information to make purchases, or to remove funds from the cardholder’s account. Origin. 1887 The concept of the “credit card” was first discussed in Edward Bellamy’s utopian novel, “Looking Backward.” Many believe modern day credit ... meriden housing authority application