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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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Point of sale (POS)
The point of sale, or POS, is the location in a merchant's establishment at which the sale is consummated by payment for goods or services received. It is also where many retailers offer their store's credit card applications to consumers.