PhysicalThing: credit card payment

Lexeme:	credit card payment Rare (0.02)
Definition:	noun. Credit card payment is a method of making a monetary transaction using a credit card. It involves using the card to pay for goods, services, or bills with the understanding that the payment will be repaid to the credit card issuer at a later date. The cardholder typically receives a monthly statement outlining the transactions made using the card, and is required to make at least the minimum payment by a specified due date. Failure to make timely payments may result in additional fees, interest charges, and potential negative impacts on the cardholder's credit score. GPT3.5 Word Forms: noun. credit card payment (singular), credit card payments (plural)
Synonyms:	(none)
Abstraction:	(hypernym) event (hypernym) payment (hypernym) physical thing
Composition:	(none)
Properties:	(none)
Basic Categories:	detail financial information identifiable information information payment information personal information transaction detail transaction information
Related Concepts:	(none)
Policy Examples:	For example, we might retain a company to process credit card payments, ship merchandise, distribute emails, process rebates or analyze data. #costco Examples include fulfilling orders, delivering packages, sending postal mail and e-mail, removing repetitive information from customer lists, analyzing data, providing marketing assistance, providing search results and links (including paid listings and links), processing credit card payments, and providing customer service. #amazon
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