cash advance
Definition
A loan taken out on a line of credit or a credit card. In general, cash advances do not have an initial grace period during which interest charges do not apply, and so the borrower will usually incur financing charges from the first day of the cash advance until the day that it is repaid.
Cite this definition
'cash advance
' appears in the definitions of these other terms on BusinessDictionary.com
unpaid balance
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