General Credit Card definition

General Credit Card means a credit card that can be used at multiple establishments, such as VISA, American Express, or MasterCard.
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General Credit Card means a credit card that can be used at multiple establishments, such as Visa.
Sample 1

Examples of General Credit Card in a sentence

  • Individuals requiring a General Credit Card purchase will be required to complete and submit a memo to the Accounting Manager indicating the reason for the purchase, the reason that only the General Credit Card must be utilized and other specific purchasing details such as the vendor name, address and/or contact information, part number, description, quantity, unit cost, FOB point and freight cost.

  • The General Credit Card shall be applied for and approved by the Purchasing Agent.

  • Two type credit cards are authorized: 1) General Credit Card to be used for miscellaneous purchases.

  • The Accounting Manager will maintain the General Credit Card and will be responsible for issuing Purchase Orders utilizing the card.

  • The General Credit Card will be used only in those situations where a Purchase Order or other means of payment cannot be utilized.

  • The General Credit Card Scheme (GCC), which is being implemented by all scheduled commercial banks or any other variant of credit cards for enterprise development of banks in urban areas, may be explored by SULM and SLBC for the same.

  • The focus is to initially facilitate issuance of existing credit cards of banks such as General Credit Card (GCC) or any other variant of credit card for micro enterprise development to the urban street vendors.

  • The revision has been done to ensure greater flow of entrepreneurial credit to individuals, particularly to borrowers of small means.6. All banks are advised to implement the Revised General Credit Card Scheme with immediate effect under advice to us.

  • Further, financial inclusion should also provide access to credit, perhaps in the form of a General Credit Card or limited overdraft against the no frills account.

  • Those who are engaged in income generation activities were provided with General Credit Card Facility with a flexibility of rollover facility.

Related to General Credit Card

  • Federal credit means the Georgia Housing Tax Credit established by the federal government for the purpose of encouraging the development of affordable housing and governed by the Code.

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Private label credit card means any charge card, credit card, or other instrument serving a similar purpose that carries, refers to, or is branded with the name or logo of a vendor and that can only be used for purchases from the vendor.

  • Universal Credit means any payment of Universal Credit payable under the Welfare Reform Act 2012, the Universal Credit Regulations 2013, The Universal Credit (Consequential, Supplementary, Incidental and Miscellaneous Provisions) Regulations 2013, Universal Credit (Miscellaneous Amendments) Regulations 2013 and the Universal Credit (Transitional Provisions) Regulations 2014;

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Federal credit union means a credit union chartered under the Federal Credit Union Act.

  • Card Account means the account maintained with the Bank in respect of the Card;

  • Credit Card Issuer means any Person (other than a Loan Party) who issues or whose members issue credit cards or debit cards, including, without limitation, MasterCard or VISA bank credit or debit cards or other bank credit or debit cards issued through MasterCard International, Inc., Visa, U.S.A., Inc. or Visa International and American Express, Discover, Diners Club, Xxxxx Xxxxxxx and other non-bank credit or debit cards, including, without limitation, credit or debit cards issued by or through American Express Travel Related Services Company, Inc. or Discover Financial Services, Inc.

  • operational creditor means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred;

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • National Credit Act means the National Credit Act, 2005 (Act No. 34 of 2005);

  • Credit Card Agreement means the open-end revolving credit agreement between a Cardholder and Bank governing the Account and Cardholder's use of the Credit Card, together with any modifications or amendments which may be made to such agreement as permitted in this Agreement.

  • Card means credit, debit, smart or other charge or pre-paid cards branded as follows: Visa, Mastercard, American Express, Visa Debit, Solo, Maestro (subject to the Codes of Practice).

  • financial creditor means any person to whom a financial debt is owed and includes a person to whom such debt has been legally assigned or transferred to;

  • Credit Card Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Borrower’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer.

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Credit Card Agreements means all agreements now or hereafter entered into by and between any Borrowing Base Party and any Credit Card Issuer or Credit Card Processor, as the same may now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced.

  • Credit Card Advance Rate means 90%.

  • Credit Card Guidelines means the respective policies and procedures of the Account Owner, as the case may be, as such policies and procedures may be amended from time to time, (a) relating to the operation of its credit card business, which generally are applicable to its portfolio of revolving credit card accounts and in each case which are consistent with prudent practice, including the policies and procedures for determining the creditworthiness of credit card customers and the extension of credit to credit card customers, and (b) relating to the maintenance of revolving credit card accounts and collection of credit card receivables.

  • Credit and Collection Policy means Seller’s credit and collection policies and practices relating to Contracts and Receivables existing on the date hereof and summarized in Exhibit VIII hereto, as modified from time to time in accordance with this Agreement.

  • Credit and Collection Policies or “Credit and Collection Policy” means the policies, practices and procedures adopted by the Issuer on the Closing Date, including the policies and procedures for determining the creditworthiness of Obligors and the extension of credit to Obligors, or relating to the maintenance of those types of receivables and the related equipment and collections on those types of receivables and the related equipment.

  • Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes.

  • Credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment.

  • Material Credit Facility means, as to the Company and its Subsidiaries,

  • Open-end credit means credit extended by a creditor under an agreement in which:

  • Cardholders persons authorized to use Association or Network branded cards.