split tender
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English
[edit]Noun
[edit]split tender (plural split tenders)
- (finance) Two or more different forms of payment in a single transaction; typically cash and credit card.
- 2004, Mark Furlette, Prepaid Card Markets and Regulation, Federal Reserve Bank of Philadelphia:
- In some cases the customer will present the gift card and a credit card for the difference, but some merchant's Point of Sale systems lack the capacity to handle a split tender such as this.