credit-card

Vocabulary Word

Definition

A 'credit card' allows you to purchase goods or services on credit. It's like a short-term loan from a bank or credit card company. The amount you owe for your purchases, plus any interest, is paid back over time.

Examples in Different Contexts

For retail banking, 'credit-card' offerings include various types such as rewards, cashback, and low-interest cards tailored to different customer needs. A bank manager might explain, 'We offer a range of credit-card options to suit our customers' spending habits and financial goals.'

Practice Scenarios

Tech

Scenario:

The feedback from our users shows that the purchasing process on our app isn't as smooth as it should be.

Response:

We could improve the user experience by making our credit card payment process more intuitive.

Creative

Scenario:

We have a large order of canvases and paints for our upcoming workshop.

Response:

Would it be alright to use the studio's credit card to order the materials we need?