Travel and entertainment card

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Revision as of 12:31, 28 March 2016 by imported>Doug Williamson (Add link.)
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A card issued by non banks indicating that the holder has been granted a line of credit.

It enables the holder to make purchases but does not offer extended credit, the full amount of the debt incurred having to be settled at the end of a specified period.

The holder is usually charged an annual fee.

Also known as a Corporate card.


See also