MCC definition

MCC means Motor Control Centre;
MCC is the abbreviation for the Municipal Code of Chicago.
MCC means Merchant Category Code and indicates the Merchant’s category classification by Visa and MasterCard describing specifically the type of business the Merchant operates.

Examples of MCC in a sentence

  • Should Merchant’s MCC change after execution of this Agreement, Merchant shall not submit, deposit or process any Transactions until receiving Bank’s written approval of MCC change.

  • Merchant may not accept Card payments for products and/or services delivered to Cardholder that are not directly applicable to the Merchant Category Code (MCC) entered on the Merchant Application, for which Merchant was approved.

  • Merchant will accept without discrimination, all valid Cards as indicated by Merchant on the Merchant Application when properly presented by Cardholders for payment for goods or services within the Merchant’s Category (MCC) of acceptance.

  • Merchant understands that accepting payments for goods and/or services not directly relating to the approved MCC will result in termination of this Agreement.

  • A student on suspension that cannot return to a satisfactory status within one additional semester must meet with an MCC Counselor and develop a Financial Aid Academic Plan.


More Definitions of MCC

MCC means the Material Change Consultee being the second party to this Agreement;
MCC s Business” means the business of [running services for the carriage of passengers by railway] [operating] [being the infrastructure manager of] the Station and the Network;
MCC means any Merchant Category Code, which is a number assigned to a business by a Partner Merchant’s Acquiring Bank that is providing the credit card terminal, based on the type of goods or services provided by the Partner Merchant;
MCC means Mortgage Credit Certificate (also, see Mortgage Credit Certificate Program Guide).