GLOSSARY

Active account Adjusted balance Adjustment Affinity Card Alias Amortization Annual Fee Annual Percentage Rate (APR) Application fee Asset ATM Automatic Payment Automatic Transfer Available credit Available Credit Average daily balance
GLOSSARY TERMS by Alpha
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Automatic Transfer

A contract that moves money at certain specified times, often monthly, from an interest-bearing or savings account into a non-interest, usually checking, account for the payment of checks.

Previous Term: Automatic Payment
Next Term: Available credit


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