Credit Card Glossary: Terms and Definitions
The habit of merchants to display only some digits of a customer’s credit card number on a sales draft or receipt, in order to provide better security while still enabling identification (for the cardholder) of the card used. Truncation has been required by federal law since 2006. By law, no more than the last five digits of a debit or credit card may be shown on a receipt.
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.