Charge card


 

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Charge card

A plastic payment card enabling the holder to obtain goods and services without the requirement to pay cash. Accounts are normally submitted to the card holder monthly and must be settled in full. In addition to obtaining goods, the charge card can be used to obtain cash. Examples of charge cards are American Express, Diners Club and a number of gold cards.



Similar Matches

Late charge

Late charge

A fee a lender imposes on a borrower when the borrower does not make a payment on time.


Chargeable event certificate

Chargeable event certificate

A certificate issued on the occurrence of a chargeable event. Details listed include the amount of the gain, number of years over which the gain has occurred, the date the transaction took place and that the certificate should be sent to the Tax Office to establish if a higher rate tax liability exists. Proceeds are free from basic rate tax liability.


Sales charge

Sales charge

A brokerage fee charged to a buyer of shares in a mutual fund. The charge is deducted prior to the balance being invested in the fund.


Prior charges

Prior charges

The fixed liabilities of an investment trust including loan capital and usually preference shares. The subtraction of these charges from total assets gives the net asset value of the trust. Prior charges may be expressed either at par value or current market value.


Charge off

Charge off

See: Bad debt


Further Suggestions

Unpaid ground rent charge
management charges
Carrying charge
Import surcharge
Sales charge
exit charge
First charge
Deferred charge
Carrying Charges
chargeable gain
Late charge
Contingent deferred sales charge (CDSC)
carrying charges
Discharge fee
chargeable transfer
Late Charge
late charge
initial charge
Finance Charge
Bankruptcy charge
Redemption charge
Charge certificate
Discharge
Noncash charge
Discharge of lien


 
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