credit card (card with a credit function)

What is credit card (card with a credit function)?

credit card (card with a credit function) definition and meaning on Finance terms:
A card that enables cardholders to make purchases and/or withdraw cash up to a prearranged credit limit. The credit granted may be either settled in full by the end of a specified period, or settled in part, with the balance taken as extended credit (on which interest is usually charged). <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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