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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 gain something you want because of your efforts.

ecosystem

/ˈēkōˌsistəm/

noun

Types of plants and animals in an specific area.

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 buys goods or services.

rewards

/rəˈwôrd/

noun other verb

thing given in recognition of service or achievement. Monies given for information about criminals. To give something because of someone's good work.

impossible

/imˈpäsəb(ə)l/

adjective

Not possible or very unlikely to happen or exist.

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 do something bad, usually a crime.

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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