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Mortgage Terms: Authorized User Definition

Mortgage Terms: Authorized User Definition

Authorized user

Definition

Someone authorized by the original credit card holder to use the holder’s card.

The card-holder is responsible for the charges of the authorized user, but the authorized user is not responsible for paying any charges, including his own.

But sometimes authorized users are dunned for the unpaid bills of the card holder

Related Terms

Other terms related to 'Authorized user' starting with the letter 'A'

Automated underwriting system, Adjustable rate mortgage ARM, Appraiser, Assumption, A Credit

Browse by Letter »   1 4 A B C D E F G H I J L M N O P Q R S T U V W Y

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