We found 1 definitions of charge account credit from 1 different sources.
Noun |
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charge account credit - a consumer credit line that can be used up to a certain limit or paid down at any time | ||
open-end credit, revolving credit | ||
consumer credit a line of credit extended for personal or household use | ||
charge account, credit account, open account credit extended by a business to a customer | ||
charge card, charge plate, credit card, plastic 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; "do you take plastic?" | ||
debit card a card (usually plastic) that enables the holder to withdraw money or to have the cost of purchases charged directly to the holder's bank account | ||
smart card a plastic card containing a microprocessor that enables the holder to perform operations requiring data that is stored in the microprocessor; typically used to perform financial transactions |