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Thursday, May 24th 2012

Credit Card Glossary

Credit Card Glossary: Terms and Definitions

Confused by credit card terms? CreditCards.com's glossary of credit card definitions will help. From account holder to Regulation Z, we have defined the most-common and most-confusing credit card terms.

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Executor
An executor is someone who handles legal affairs for another. Consumers most often encounter -- or become -- an executor after someone has died. The duties of an executor include settling debt, such as credit card debt, guided by state and federal laws. In some jurisdictions, an executor is called a "personal representative."

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