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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • Loan - a type of debt in which the borrower initially receives an amount of money from the lender, which the borrower pays back, usually in regular installments, to the lender. Generally provided at a cost, referred to as interest.
  • Gift certificates or gift cards - cash alternatives that are essentially the same, except that the cards automate the checkout and accounting processes by having a barcode or magnetic strip, which can be processed through a standard electronic credit card machine.
  • Underground Storage Tank - a tank and any underground piping connected to the tank that has at least 10 percent of its combined volume underground, often used to store petroleum. Underground storage tanks are regulated in the United States to prevent release of petroleum and contamination of groundwater.
  • American Express - a diversified global financial services company headquartered in the United States, best known for its credit card, charge card and Traveler's cheque businesses.
  • Carte Blanche - a minor credit card that was acquired by Citibank and phased out of service, and revived in 2000.

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