triggering term

Definition

A set of terms that must be clarified with detailed agreement terms when used in credit advertising and other literature. Triggering terms were established as part of the Truth In Lending Act of 1969, enabling the FTC to enforce standards in credit advertising, and to protect consumers from predatory marketing practices.

Use triggering term in a sentence

You should try and figure out a way to use a triggering term to your companies overall advantage in the future.

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The triggering term was part of something really interesting and I thought that we would all be okay and work well together.

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Triggering term A set of terms that must be clarified with detailed agreement terms when used in credit advertising and other literature. Triggering terms were established as part of the Truth In Lending Act of 1969, enabling the FTC to enforce standards in credit advertising, and to protect consumers from predatory marketing practices.

​ Was this Helpful? YES  NO 2 people found this helpful.

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