ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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SUB-PRIME CREDIT CARDS Definition
SUB-PRIME CREDIT CARDS are credit cards offered to consumers with credit problems or no established credit; as opposed to prime cards for those with good credit ratings. Sub-prime cards do not offer as many benefits and possibly could be more costly.
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DISCOUNTING is the selling of accounts receivable, usually at less than full value, to a financial entity.
UNEXPIRED means not having come to an end or been terminated by the passage of time.
