what do we mean by credit card?

Answer 1

huh??????details i want details

Answer 2

A credit card system is a type of retail transaction settlement and credit system, named after the small plastic card issued to users of the system. A credit card is different from a debit card in that it does not remove money from the user's account after every transaction. In the case of credit cards, the issuer lends money to the consumer (or the user). It is also different from a charge card (though this name is sometimes used by the public to describe credit cards), which requires the balance to be paid in full each month. In contrast, a credit card allows the consumer to 'revolve' their balance, at the cost of having interest charged. Most credit cards are the same shape and size, as specified by the ISO 7810 standard.
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Answer 3

When you get a credit card you are getting it to pay for things when you dont have the cash at the moment. So the company where you get the credit card from says okay we will give you so much money to spend but you have to pay us back plus interest. So at the end of the billing period the credit card people send you a bill for the things you purchase. Most people use it to buy things online.

Answer 4

It's a card that has an account number on it to some financial institution that you have an open line of credit at. You use the card to buy stuff.

Answer 5

its a card where thay basically loan you money through credit... I dont know if thats what you were looking for but your question is too vague.

Answer 6

Buy something without paying for it upfront, could be charged interest and either pay it back in full when the bill comes or make small payments with interest until balance is paid.