Credit Card Glossary: Terms and Definitions
An authorization only transaction is a transaction that is created to reserve an amount against a credit card’s available limit for intended purchases; an authorization only transaction is intended for a merchant’s protection, to assure that the credit card has a limit high enough to allow a transaction.
Terms from A-Z
Search the CreditCards.com glossary for every credit-related term from "account holder" to "zombie debt." Select a letter for alphabetized terms and definitions.