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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • ISO 7810 - an international standard that defines three formats for identity or identification cards, ID-1, ID-2, and ID-3.
  • Credit remaining - the positive balance or amount remaining in a person's account.
  • Simple interest - interest that accrues linearly, growing by a certain fraction of the principal over equally-spaced time periods for the life of the loan.
  • Loyalty card, rewards card, points card, or club card - a plastic card, visually similar to a credit card or debit card, that identifies the card holder as a member a store's incentive program.
  • Money - any marketable good or token used by a society as a store of value, a medium of exchange, and a unit of account.

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