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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.

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In the credit card world, a transactor is a cardholder who transacts -- that is, makes purchases with a credit card -- but does not carry a balance and therefore pays no interest charges. The derisive term in the industry for transactor is "deadbeat." The counterpart of a transactor is a "revolver" -- one who uses the card and carries a balance, incurring interest charges.