How Do You Spell CARDHOLDER?

Pronunciation: [kˈɑːdhə͡ʊldə] (IPA)

The word 'cardholder' is spelled as /ˈkɑːdˌhəʊldə/. The first syllable 'card' is pronounced with a long 'a' sound, similar to the word 'car'. The second syllable 'hold' is pronounced with a short 'o' sound, similar to the word 'hot'. The final syllable 'er' is pronounced with a reduced 'ə' sound, similar to the sound of the 'a' in 'sofa'. The word refers to a device or a person who holds a card, such as a credit card or an ID card.

CARDHOLDER Meaning and Definition

  1. A cardholder refers to an individual or entity that possesses a card issued by a financial institution, such as a bank or credit card company, for various financial transactions. The cardholder is granted the privilege of using the card to make purchases, withdraw cash, or access credit granted by the financial institution.

    In the context of credit cards, a cardholder is the person who has been approved for a credit account and is responsible for repaying the amount charged on the card. They are assigned a unique account number and typically receive a physical card that bears their name and the account information. The cardholder is required to adhere to the terms and conditions set forth by the issuing institution, including making timely payments, maintaining their credit limit, and protecting their card from unauthorized use.

    For debit cards, the cardholder is the individual who owns an account linked to the card. They can use the card to directly access funds from their bank account without incurring debt. Debit cardholders need to enter their PIN (Personal Identification Number) to complete transactions at point-of-sale terminals or withdraw cash at ATMs.

    Overall, a cardholder is an authorized user of a card, whether it be a credit card or a debit card, and assumes the responsibility of utilizing the card in accordance with the terms and conditions outlined by the issuing institution.

Common Misspellings for CARDHOLDER

Etymology of CARDHOLDER

The term "cardholder" has a fairly straightforward etymology. It is derived from two root words, "card" and "holder".

The word "card" can be traced back to the Latin word "charta", which means "paper, document, or card". It later found its way into Old French as "carte" and eventually entered Middle English as "card". Over time, "card" has come to refer to various types of documents or objects made of paper or similar materials.

The word "holder" originated from the Old English word "healdan", which means "to hold or grasp". This term has remained relatively unchanged through Old English, Middle English, and modern English, continuing to signify the act of holding or supporting something.

Plural form of CARDHOLDER is CARDHOLDERS

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