split tender

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English[edit]

Noun[edit]

split tender (plural split tenders)

  1. (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.