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Today's News About Credit Cards

* Related Definitions, Terms and Acronyms:
  • Credit card system - a retail transaction credit and settlement system named after the small plastic card issued to users of the system.
  • 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.
  • Lend - to give something (e.g., money) to somebody (the borrower) for using it, expecting to get it back.
  • Gas pump - a machine at a gas station that is used to put gasoline in vehicles, also known as fuel dispensers.
  • Personal identification number (PIN) - a numeric value used in certain systems as passwords to gain access, and authenticate.

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