Credit Card Glossary: Terms and Definitions
A “hold” or is when a financial institution blocks off a certain amount of money from being withdrawn from a checking account or a credit line. Holds occur most often at restaurants, gas stations and hotels, when the tip, amount pumped or amount charged is uncertain. Also called a “block.”
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.