When retailers accepting payments via credit cards and the card is stolen, the real card holder does not lose out as there is protection given by the credit card companies. The credit card companies will chargeback the funds from the retailer if the customer follows their procedures.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.