Terms Used In Tennessee Code > Title 47 > Chapter 22 > Part 2 - Termination of Credit Cards

• Account: means the account between a card issuer and one (1) or more cardholders reflecting the outstanding balance of card transactions. See Tennessee Code 47-22-201
• Account agreement: means the contract between the card issuer and the cardholder(s) governing the parties' respective rights and obligations respecting the account and transactions effected thereunder. See Tennessee Code 47-22-201
• card: means any card, plate, coupon book or other single credit device that is issued primarily for consumer credit purposes and that may be used from time to time to obtain credit, including, but not limited to, a card that may be used to effect transactions governed by chapter 11 of this title. See Tennessee Code 47-22-201
• Card user: means any person authorized by the card issuer and all cardholders on an account to use a card pertaining to the account, but who is not obligated on the account of the issuer. See Tennessee Code 47-22-201
• Cardholder: means a natural person residing in Tennessee who has agreed with a card issuer to pay debts arising from card transactions, whether the card used in such transactions has been issued to the cardholder or to another person. See Tennessee Code 47-22-201
• Contract: A legal written agreement that becomes binding when signed.
• issuer: means a person doing business in Tennessee that issues a credit card or that person's agent or assignee with respect to the card. See Tennessee Code 47-22-201
• Multiple-party account: means any account under which two (2) or more cardholders, or one (1) or more cardholders and one (1) or more card users, may effect card transactions. See Tennessee Code 47-22-201
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
• State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
• transaction: means a cash advance, purchase, or other extension of credit effected or obtained by means of a credit card or account number. See Tennessee Code 47-22-201
• written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105