Definitions

12A V.I.C. § 451 — under Payment Options.

12A V.I.C. § 451

(a) For the purposes of this chapter:(a) “Business” means any individual, sole proprietorship, partnership, joint venture, corporation or other business entity formed for profit-making purposes, including retail establishments where goods or services or both are sold, as well as professional corporations, and any other business entity where legal, medical, dental or other professional services are provided.(b) “Cash” means a monetary unit of currency of the United States in the form of paper or coins.(c) “Check or money order” means a document, draft, or order issued against a financial institution, requiring payment upon its presentation against deposited funds.(d) “Credit card” means the card issued by a financial institution or creditor that allows the holder to obtain borrowed money and acquire goods, services, or cash advances, according to a previously established credit agreement.(e) “Customer” means a person or organization that buys goods or services from a business.(f) “Debit card” means the plastic card issued by a financial institution that allows its holder to obtain money from their bank account, through an electronic transaction, cash, or the money that they wish to pay for the licensed services.(g) “Electronic transfer” means any transfer of money, including those made through electronic means, cable, telephone, computer, or through any other means, through which a financial institution is instructed or authorized to debit or credit an account, such as through Paypal, Zelle, Movil, Cash App, etc.(h) “Government of the Virgin Islands” means the three co-equal branches of the Government of the Virgin Islands which includes the executive, legislative, and judicial branches.(i) “Itinerant vendor” means a vendor who travels from one place to another selling goods seasonally at different events (e.g., Carnival/Festival Village, Agriculture and Food Fair, Mango Melee, Jump Up, etc.).(j) “Legal name” means the name of a person recorded on the person’s birth certificate or as declared by a court, or the name of a business entity as reported to the government in the entity’s establishment documents (e.g., articles of incorporation).(k) “Payment method” means payment by cash, credit or debit card, check or money order, or electronic funds transfer.(l) “Person” means an individual or a business.

(a) “Business” means any individual, sole proprietorship, partnership, joint venture, corporation or other business entity formed for profit-making purposes, including retail establishments where goods or services or both are sold, as well as professional corporations, and any other business entity where legal, medical, dental or other professional services are provided.

(b) “Cash” means a monetary unit of currency of the United States in the form of paper or coins.

(c) “Check or money order” means a document, draft, or order issued against a financial institution, requiring payment upon its presentation against deposited funds.

(d) “Credit card” means the card issued by a financial institution or creditor that allows the holder to obtain borrowed money and acquire goods, services, or cash advances, according to a previously established credit agreement.

(e) “Customer” means a person or organization that buys goods or services from a business.

(f) “Debit card” means the plastic card issued by a financial institution that allows its holder to obtain money from their bank account, through an electronic transaction, cash, or the money that they wish to pay for the licensed services.

(g) “Electronic transfer” means any transfer of money, including those made through electronic means, cable, telephone, computer, or through any other means, through which a financial institution is instructed or authorized to debit or credit an account, such as through Paypal, Zelle, Movil, Cash App, etc.

(h) “Government of the Virgin Islands” means the three co-equal branches of the Government of the Virgin Islands which includes the executive, legislative, and judicial branches.

(i) “Itinerant vendor” means a vendor who travels from one place to another selling goods seasonally at different events (e.g., Carnival/Festival Village, Agriculture and Food Fair, Mango Melee, Jump Up, etc.).

(j) “Legal name” means the name of a person recorded on the person’s birth certificate or as declared by a court, or the name of a business entity as reported to the government in the entity’s establishment documents (e.g., articles of incorporation).

(k) “Payment method” means payment by cash, credit or debit card, check or money order, or electronic funds transfer.

(l) “Person” means an individual or a business.