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Who Actually Pays For Credit Card Rewards?

401,480 views

CNBC

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English

Speech Time:

94%
  • 16:54 / 17:49

Speech Rate:

  • 181 wpm - Fast

Category:

  • News & Politics

Tags :

Intro:

Video Vocabulary

winning

/ˈwiniNG/

adjective noun verb

gaining, resulting in, or relating to victory in contest or competition. money won. To succeed in a game or contest.

ecosystem

/ˈēkōˌsistəm/

noun

biological community of interacting organisms and their physical environment.

venture

/ˈven(t)SHər/

adjective noun verb

(Business activity) taking chances or risks. risky or daring journey or undertaking. To face the dangers, take the risk of something.

reservation

/ˌrezərˈvāSH(ə)n/

noun

action of reserving something.

consumer

/kənˈso͞omər/

noun

person who purchases goods and services.

rewards

/rəˈwôrd/

noun other verb

thing given in recognition of service or achievement. Monies given for information about criminals. To give someone money for helping the police.

impossible

/imˈpäsəb(ə)l/

adjective

(Child, etc.) very annoying.

reeling

/rēl/

verb

To wind something in on a reel; pull something in.

committed

/kəˈmidəd/

adjective verb

feeling dedication and loyalty to cause or job. To promise or decide to do something for a purpose.

dollars

/ˈdälər/

noun other

basic monetary unit of US, Canada, Australia, and certain countries in Pacific. Basic units of money equal to 100 cent.

cashback
noun

form of incentive offered to buyers of certain products whereby they receive cash refund after making their purchase.

customers

/ˈkəstəmər/

noun other

person who buys goods or services from shop or business. People who buy goods or services from a business.

purchase

/ˈpərCHəs/

noun verb

action of buying. To buy something; to get by paying money for it.

essentially

/əˈsen(t)SHəlē/

adverb

used to emphasize basic, fundamental, or intrinsic nature of person or thing.

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