\mˈastə kˈɑːd], \mˈastə kˈɑːd], \m_ˈa_s_t_ə k_ˈɑː_d]\
Definitions of MASTERCARD
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World-renown worldwide credit card corporation. On May 25, 2006 MasterCard converted from a privately held company to a public company. One of the three major credit cards accepted at vendors across the world. They are also known to work with financial institutions to issue credit cards. The credit cards distributed under the MasterCard brand by the company itself. The financial institution that issues the card controls the credit provided to card holders. MasterCard itself is not accountable.
By Henry Campbell Black
Word of the day
- Regular instituted 1120, St. Norbert (whence Norbertines), at Premonstratum [L. , pointed out, it was said, by the Virgin], in Picardy. They were also called White Canons, from colour of their dress.