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credit card |
Also found in: Financial, Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.06 sec. |
credit card Noun a card issued by banks or shops, allowing the holder to buy on credit
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Much of the increase is attributable to a rise in the level of credit card debt, which has raised the share of households' aggregate after-tax income that is devoted to credit card payments. Although inappropriate credit card use can lead to financial disaster, proper use can largely enhance your life (see Declaration of Financial Empowerment, Principal No. was informed by a major credit card company (VAM) that its discount rate--the fee charged on sales resulting from the use of its credit card--would be increased immediately unless its credit card sales volume could be doubled. |
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