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6.3 Vocabulary
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Credit:confidence in a purchaser's ability and intention to pay; purchasing goods or services without immediate payment
Credit Cards:standard-size plastic token, with a magnetic stripe that holds a machine-readable code
Annual Fee:a yearly fee charged by a credit card company each year for use of a credit card
Annual Percentage Rate:the interest rate applied each month to a balance
Card Member Agreement:provides the terms and conditions of a credit card account
Chargeback:a transaction returned through a credit card processing due to fraudulent purchases
Credit Line:the amount of money that can be charged to a credit card account
Due Date:the date in which payment must be made
Finance Charge:the total cost of borrowing, including interest and fees
Fixed APR:a rate that does not change throughout the year, unlike an introductory APR that changes after a specific period of time
6.3 Vocabulary
1. | the interest rate applied each month to a balance |
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2. | provides the terms and conditions of a credit card account |
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3. | the total cost of borrowing, including interest and fees |
| |
4. | standard-size plastic token, with a magnetic stripe that holds a machine-readable code |
| |
5. | the amount of money that can be charged to a credit card account |
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6. | a yearly fee charged by a credit card company each year for use of a credit card |
| |
7. | a transaction returned through a credit card processing due to fraudulent purchases |
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8. | a rate that does not change throughout the year, unlike an introductory APR that changes after a specific period of time |
| |
9. | the date in which payment must be made |
| |
10. | confidence in a purchaser's ability and intention to pay; purchasing goods or services without immediate payment |
| |
© 2014
PuzzleFast.com, Noncommercial Use Only
6.3 Vocabulary
1. | the interest rate applied each month to a balance |
| |
2. | provides the terms and conditions of a credit card account |
| |
3. | the total cost of borrowing, including interest and fees |
| |
4. | standard-size plastic token, with a magnetic stripe that holds a machine-readable code |
| |
5. | the amount of money that can be charged to a credit card account |
| |
6. | a yearly fee charged by a credit card company each year for use of a credit card |
| |
7. | a transaction returned through a credit card processing due to fraudulent purchases |
| |
8. | a rate that does not change throughout the year, unlike an introductory APR that changes after a specific period of time |
| |
9. | the date in which payment must be made |
| |
10. | confidence in a purchaser's ability and intention to pay; purchasing goods or services without immediate payment |
| |
© 2014
PuzzleFast.com, Noncommercial Use Only