Credit Cards > Tools > Glossary > E-terms > Emancipated minor

Credit Card Glossary: Terms and Definitions

Confused by credit card terms?'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.

#  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Emancipated minor
An emancipated minor is someone who has not yet reached the age of majority -- usually 18 -- but has by court order or actions become independent of his parents or other adult supervisors. An ordinary minor may not enter into binding financial contracts, such as credit card agreements. An emancipated minor can.