There are a lot of words involved in the world of credit card processing that are not self explanatory. Like legalese, the verbiage the credit card industry uses can be confusing.
For your convenience, Authorize.Net has compiled a list of words that will be helpful in explaining many of the terms you may see and hear when speaking to your Account Representative or reviewing your statements.
The Glossary can be located at; http://www.authorize.net/resources/glossary/
