Shared Flashcard Set

Details

Title

payments

Description

definitions of words

Total Cards

Subject

Finance

Level

11th Grade

Created

02/01/2010

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Additional Finance Flashcards

Term

Charge Cards

Definition

A onsumer makes purchases but must paythe account in full at the endof the month.

Term

Credit Card

Definition

Allow consumers to pay all or part of thier bills each month.

Term

Cash cards

Definition

Are commonly used at an automatic teller machine ATM.

Term

Debit cards

Definition

Tranfer money from a persons designated account to the account of the retailer.

Term

Smart cards

Definition

Are credit, debit, or other types of cards with embedded microchips.