Banking

Кредитная карта

A payment card issued by a financial institution that enables the holder to borrow funds within a credit limit to make purchases or withdraw cash, subject to repayment with interest as per contractual terms.

Quick answer: A payment card issued by a financial institution that enables the holder to borrow funds within a credit limit to make purchases or withdraw cash, subject to repayment with interest as per contractual terms.

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Languages

Quick answer

A payment card issued by a financial institution that enables the holder to borrow funds within a credit limit to make purchases or withdraw cash, subject to repayment with interest as per contractual terms.

Why it matters

Кредитная карта matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Editorial context

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Questions and answers

Questions and answers

What is Кредитная карта?

In this glossary, Кредитная карта refers to: A payment card issued by a financial institution that enables the holder to borrow funds within a credit limit to make purchases or withdraw cash, subject to repayment with interest as per contractual terms.

How is Кредитная карта used in finance?

In finance communication, this term appears in contexts such as: "Банки устанавливают лимиты по кредитным картам на основании платежеспособности и требований; задолженность подлежит ежемесячной оплате."

Why does Кредитная карта matter in finance?

Кредитная карта matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Who uses Кредитная карта?

Кредитная карта is mainly used by Financial Analysts, Bankers, and Traders.

What category does Кредитная карта belong to?

In this glossary, Кредитная карта is grouped under Banking. Related pages in this category explain adjacent procedures, commands and operational concepts.

Where does this definition come from?

This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.

Definition

A payment card issued by a financial institution that enables the holder to borrow funds within a credit limit to make purchases or withdraw cash, subject to repayment with interest as per contractual terms.

Operational example

Banks set individual credit limits on each credit card account based on creditworthiness and regulatory guidelines, and all outstanding balances must be repaid monthly or incur interest.

Localized term

Кредитная карта

Localized example

Банки устанавливают лимиты по кредитным картам на основании платежеспособности и требований; задолженность подлежит ежемесячной оплате.

Definition language

English reference definition

Source

CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

Category

Banking

Exam relevance

  • CFA
  • ACCA
  • FRM

Target audience

  • Financial Analysts
  • Bankers
  • Traders

Related terms

Use the related links below to continue through connected finance terminology.

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