merchant account

merchant account
merchant account account1

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merchant account UK US noun [C]
BANKING, COMMERCE a type of bank account that businesses use to accept payment by credit card

Financial and business terms. 2012.

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  • merchant account — UK US noun [countable] [singular merchant account plural merchant accounts] business a bank account used by someone who sells a product or service for taking money from customers who pay by credit card …   Useful english dictionary

  • Merchant account — A merchant account is a type of bank account that allows businesses to accept payments by debit or credit cards. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of credit… …   Wikipedia

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  • merchant account — UK / US noun [countable] Word forms merchant account : singular merchant account plural merchant accounts business a bank account used by someone who sells a product or service for taking money from customers who pay by credit card …   English dictionary

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  • account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you …   Financial and business terms

  • Merchant — For other uses, see Merchant (disambiguation). Merchants from Holland and the Middle East trading. A merchant is a businessperson who trades in commodities that were produced by others, in order to earn a profit. Merchants can be one of two types …   Wikipedia

  • Merchant Shipbuilding Corporation — Former type Private Industry Manufacturing Predecessor Chester Shipbuilding Co. Successor Ford factory Founded 1917 Founder(s) …   Wikipedia

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