their account is in credit
61account — 1 noun 1 DESCRIPTION (C) a) a written or spoken description which gives details of an event: There were several different accounts of the story in the newspapers. | give an account: David gave us a vivid account of his trip to Rio. | blow by blow …
62Credit card balance transfers — A credit card balance transfer allows a credit card user to transfer the balance on their accounts to a new credit card. This is a process which is actively encouraged by almost all credit card issuers as a means to attract new customers. Such an …
63Account History — All activity within an account, usually since inception. In a bank account, the account history includes all transactions initiated by the account holder as well as passive entries (such as interest on balances, which are credited to the account) …
64Credit Union — Member owned financial co operative. These institutions are created and operated by its members and profits are shared amongst the owners. As soon as you deposit funds into a credit union account, you become a partial owner and participate in the …
65Transactional account — Banking A series on Financial services …
66Nostro and Vostro Account — Nostro and Vostro (Middle Italian, from Latin, noster and voster ; English, ours and yours ) are accounting terms used to distinguish an account you hold for another entity from an account another entity holds for you. The entities in question… …
67Merchant account provider — Merchant account providers give businesses the ability to accept debit and credit cards in payment for goods and services. This can be face to face, on the telephone, or over the internet. Credit cards have become the preferred method of payment… …
68Earned income tax credit — The United States federal Earned Income Tax Credit (EITC or EIC) is a refundable tax credit. For tax year 2007, a claimant with one qualifying child can receive a maximum credit of $2,853. For two or more qualifying children, the maximum credit… …
69in credit — ► UK BANKING if a person or their bank account is in credit, there is money in the account: »As long as you stay in credit, there will be no charges for normal transactions on your account. Main Entry: ↑credit …
70Direct credit substitute guarantee issued — Accounts which contain guarantees issued in respect of loans granted by the beneficiary of the guarantee as well as their contra account. See also Credit substitute guarantee …
