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The Learning Center
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GLOSSARY TERMS
Terms that begin with S
Sales DraftA sales draft is a paper record of proof that the purchaser made a purchase of goods or services. The paper record will have the card holder's signiture as proof of purchase. The sales draft can also have the approval code from the credit card's issuing bank. A sales draft can also be in electronic form, too. This requires elecronic approval codes that may be located on the credit card. Previous Credit Card Term: Risk pricing Next Credit Card Term: Secured Debt
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