Credit Card Glossary: Terms and Definitions
We all know what a bank is — a financial institution that may take in deposits, lend money or both. But in credit card transactions, multiple banks can and usually are involved, with each bank playing different roles. One bank may issue a credit card to a consumer, another may represent the merchant, and a third may be involved in payment of a credit card bill.
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.