from The American Heritage® Dictionary of the English Language, 4th Edition
- n. 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.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A plastic card, with a magnetic strip or an embedded microchip, connected to a credit account and used to buy goods or services. It's like a debit card, but money comes not from your personal bank account, but the bank lends money for the purchase based on the credit limit. Credit limit is determined by the income and credit history. Bank charge APR (annual percentage rate) for using of money.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered
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