MasterCard

  

Definition

Worldwide credit card corporation that works with financial institutions to issue credit cards. The credit cards distributed by the company are done so under the MasterCard brand, which is one of the three major credit cards accepted at vendors across the world. The credit provided to card holders is controlled by the financial institution that issues the card and not MasterCard. MasterCard converted from a privately held company to a public company on May 25, 2006.

Use MasterCard in a sentence

  • You may want to have a mastercard for your company so that you have the purchasing power that you need.

    3 people found this helpful    
  • I purchased a wide variety of clothing offline this past week and I used my MASTERCARD to pay for them all.

    2 people found this helpful    
  • We accept mastercard in our international transactions online but there is a mandatory fee we agreed to pay to mastercard as well.

    5 people found this helpful    
Show more usage examples...

Related Videos




http://www.businessdictionary.com/definition/MasterCard.html

Have a question about MasterCard? Ask for help in the
Community
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z