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单词 credit card
释义

credit card
A plastic card, issued by a bank or finance organization, that enables its holder to obtain credit when making purchases. The use of credit cards usually involves three contracts:

1. A contract between the company issuing the credit card and the cardholder whereby the holder can use the card to purchase goods and, in return, promises to pay the credit company the price charged by the supplier. The holder normally receives monthly statements from the credit company, which he may pay in full within a certain number of days with no interest charged; alternatively, he may make a specified minimum payment and pay a high rate of interest on the outstanding balance.
2. A contract between the credit company and the supplier whereby the supplier agrees to accept payment by use of the card and the credit company agrees to pay the supplier the price of the goods supplied less a discount.
3. A contract between the cardholder and the supplier, who agrees to supply the goods on the basis that payment will be obtained from the credit company.
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更新时间:2024/10/27 5:35:33