to debit interest
41Visa Inc. — For other uses, see Visa (disambiguation). Visa Inc. Type Public Traded as NYSE: V …
42Merchant account — A merchant account is a type of bank account that allows businesses to accept payments by debit or credit cards. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of credit… …
43Credit card balance transfer — A credit card balance transfer is the transfer of the balance (the money) in a credit card account to an account held at another credit card company.[1] Contents 1 Overview 1.1 Normal rate …
44credit card — a card that identifies a person as entitled to have food, merchandise, services, etc., billed on a charge account. [1885 90, Amer.] * * * Small card that authorizes the person named on it to charge goods or services to his or her account. It… …
45Nessa Feddis — is an American attorney and banking industry spokesperson. As vice president and senior counsel to the American Bankers Association s (ABA) Financial Institutions Policy and Regulatory Affairs Group (Center for Regulatory Compliance), she focuses …
46Interchange fee — is a term used in the payment card industry to describe a fee that a merchant’s bank (the “acquiring bank”) pays a customer’s bank (the “issuing bank”) when merchants accept cards using card networks such as Visa and MasterCard for purchases. In… …
47Short (finance) — Schematic representation of short selling in two steps. The short seller borrows shares and immediately sells them. He then waits, hoping for the stock price to decrease, when the seller can profit by purchasing the shares to return to the lender …
48Contactless payment — systems are credit cards and debit cards, key fobs, smartcards or other devices which use RFID for making secure payments. The embedded chip and antenna enable consumers to wave their card or fob over a reader at the point of sale. Some suppliers …
49balance — the amount of money remaining in an account. The total of your money in the bank after accounting for all transactions (deposits and withdrawals) is called a balance . Glossary of Business Terms A division of a Securities Account, of a type… …
50Credit spread (options) — Finance Financial markets Bond market …
