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Gasoline Credit Card Additional Resources - Page 7
Money and Gas Saving Tips



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* Related Definitions, Terms and Acronyms:
  • Compound interest - interest which is regularly added to the debt (called compounding) and is calculated over the principal PLUS over the interest already accrued to the debt (over the total amount owed).
  • Double walled storage tank - a tank constructed of two concentric tanks with a space between them to catch leaks from the inner tank and to give an interstitial space to accommodate leak detection sensors. Often used as gasoline underground storage tanks.
  • Discover Cash Back Bonus - a percentage of the amount spent would be refunded to the account (as high as 1 percent), depending on how much the card was used.
  • Credit history or credit report - a record of an individual's or company's historical borrowing and repaying habits, including information about late payments and bankruptcy.
  • Magnetic strip - on the back of a credit card, contains financial and account information about the account and the cardholder.

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