CARD Definition

Bookmark and Share

CARD is Certificate for Amortizing Revolving Debts; an asset-backed security backed by credit card receivables.

Learn new Accounting Terms

OFFSOURCE, slang, is to outsource to an offshore location to primarily save on the cost of labor. See OUTSOURCE.

BILLS PURCHASED, in trade finance, allows a seller to obtain financing and receive immediate funds in exchange for a sales document not drawn under a letter of credit. The bank will send the sales documents to the buyers bank on behalf of the seller.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.