Terms Used In Arizona Laws > Title 44 > Chapter 35 - Credit Card Agreements

• Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
• Affected county: means each existing county affected by a proposed formation of new counties. See Arizona Laws 11-131
• Authorized user: means any person other than a cardholder who has actual, implied or apparent authority to use a cardholder's credit card or credit card account. See Arizona Laws 44-7801
• Cardholder: means the named person who applies for or accepts the credit card account. See Arizona Laws 44-7801
• Charges: means purchases, cash advances, annual membership fees, delinquent payment fees, insufficient fund fees, over limit fees or other amounts incurred through use of the credit card. See Arizona Laws 44-7801
• Credit card: means any card, plate or other single credit device that may be used from time to time to obtain credit and shall include a charge card, courtesy card, identification card or account number that may be used to access a line of credit to purchase goods or services. See Arizona Laws 44-7801
• Credit card account: means a line of credit offered by an issuer to a cardholder that is accessible by the use of a credit card. See Arizona Laws 44-7801
• Credit card agreement: means the terms and conditions governing the use of the credit card account. See Arizona Laws 44-7801
• Creditor: means the person, business, financial institution or commercial enterprise that owns the credit card account. See Arizona Laws 44-7801
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Financial institution: means any of the following:

  (a) A banking institution that is authorized to issue credit cards pursuant to federal or state law. See Arizona Laws 44-7801

• Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
• Issuer: means a financial institution or an authorized agent of a financial institution that issues a credit card. See Arizona Laws 44-7801
• Person: means an individual, corporation, partnership, association, joint stock company or trust, limited liability company, government or governmental subdivision or agency or any other unincorporated organization. See Arizona Laws 44-1801
• United States: includes the District of Columbia and the territories. See Arizona Laws 1-215