Terms Used In Arizona Laws > Title 44 > Chapter 35 - Credit Card Agreements

• Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
• Affected county: means each existing county affected by a proposed formation of new counties. See Arizona Laws 11-131
• Assessed valuation: means the net assessed valuation used for purposes of levying primary property taxes for the tax year immediately preceding the filing of the petition for the formation of counties. See Arizona Laws 11-131
• Authorized user: means any person other than a cardholder who has actual, implied or apparent authority to use a cardholder's credit card or credit card account. See Arizona Laws 44-7801
• Cardholder: means the named person who applies for or accepts the credit card account. See Arizona Laws 44-7801
• Charges: means purchases, cash advances, annual membership fees, delinquent payment fees, insufficient fund fees, over limit fees or other amounts incurred through use of the credit card. See Arizona Laws 44-7801
• Commission: means the county formation commission established pursuant to section 11-136. See Arizona Laws 11-131
• Credit card: means any card, plate or other single credit device that may be used from time to time to obtain credit and shall include a charge card, courtesy card, identification card or account number that may be used to access a line of credit to purchase goods or services. See Arizona Laws 44-7801
• Credit card account: means a line of credit offered by an issuer to a cardholder that is accessible by the use of a credit card. See Arizona Laws 44-7801
• Credit card agreement: means the terms and conditions governing the use of the credit card account. See Arizona Laws 44-7801
• Creditor: means the person, business, financial institution or commercial enterprise that owns the credit card account. See Arizona Laws 44-7801
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Financial institution: means any of the following:

  (a) A banking institution that is authorized to issue credit cards pursuant to federal or state law. See Arizona Laws 44-7801

• Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
• Issuer: means a financial institution or an authorized agent of a financial institution that issues a credit card. See Arizona Laws 44-7801
• Person: means an individual, corporation, partnership, association, joint stock company or trust, limited liability company, government or governmental subdivision or agency or any other unincorporated organization. See Arizona Laws 44-1801
• Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
• Population: means the population according to the most recent United States decennial census. See Arizona Laws 1-215
• Privately owned land: includes all lands other than federal, Indian, state, county, municipal and other governmental lands which are exempt from taxation under article IX, section 2, Constitution of Arizona. See Arizona Laws 11-131
• Proposed county: means a county proposed by petition pursuant to section 11-133 to be formed from an affected county or counties but before an election on formation is held pursuant to section 11-137. See Arizona Laws 11-131
• United States: includes the District of Columbia and the territories. See Arizona Laws 1-215