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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • Credit card - a plastic card having a magnetic strip, issued by a bank or business authorizing the holder to buy goods or services on credit. Also called charge card.
  • MasterCharge - original name for the MasterCard credit card.
  • Loan - a transfer or delivery of money from one party to another with the express or implied agreement that the sum will be repaid regardless of contingency and usually with interest.
  • Interest rate - the percentage of a sum of money charged for its use, also called rate of interest.
  • Debt - that which is owed to someone else, such as money.

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