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Definition of Credit card
1. Noun. A card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered. "Do you take plastic?"
Terms within: Magnetic Stripe
Generic synonyms: Positive Identification, Charge Account Credit, Open-end Credit, Revolving Credit
Specialized synonyms: Bank Card, Calling Card, Phone Card, Cash Card, Cashcard
Definition of Credit card
1. Noun. A plastic card, with a magnetic strip or an embedded microchip, connected to a credit account and used to buy goods or services. It's like a debit card, but money comes not from your personal bank account, but the bank lends money for the purchase based on the credit limit. Credit limit is determined by the income and credit history. Bank charge APR (annual percentage rate) for using of money. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Credit Card
Literary usage of Credit card
Below you will find example usage of this term as found in modern and/or classical literature:
1. Emerging Electronic Methods for Making Retail Payments by Judith S. Ruud, Philip Webre (1996)
"Payments Made with a credit card Bill Authorizations Requested and Granted ...
Furthermore, the bank that issued the credit card charges the acquiring bank ..."
2. Pyaments, Clearance, and Settlement: A Guide to the Systems, Risks, and Issues by Nolani T. Traylor, Tamara E. Cross, Nancy Eibeck, Robert Pollard (1998)
"In 1995, credit card transactions accounted for approximately 14.9 billion ...
The clearance and settlement of credit card transactions involve three ..."
3. Emerging Electronic Methods for Making Retail Payments by Judith S. Ruud, Philip Webre (1996)
"Payments Made with a credit card Bill Authorizations Requested and Granted ...
Furthermore, the bank that issued the credit card charges the acquiring bank ..."
4. Pyaments, Clearance, and Settlement: A Guide to the Systems, Risks, and Issues by Nolani T. Traylor, Tamara E. Cross, Nancy Eibeck, Robert Pollard (1998)
"In 1995, credit card transactions accounted for approximately 14.9 billion ...
The clearance and settlement of credit card transactions involve three ..."
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