---
title: "Corporate card"
description: "Corporate card — A card issued to an employee against a company account or liability, so business spend is charged to the company and not paid by the employee first. The card statement is a payable to the issuer, and each charge still needs a receipt and a code."
canonical: "https://lopifi.com/glossary/corporate-card"
---

# Corporate card

> Corporate card — A card issued to an employee against a company account or liability, so business spend is charged to the company and not paid by the employee first. The card statement is a payable to the issuer, and each charge still needs a receipt and a code.

Source: https://lopifi.com/glossary/corporate-card
Part of: Lopifi — Planned: US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

---

**What is corporate card?** In accounting, corporate card means a card issued to an employee against a company account or liability, so business spend is charged to the company and not paid by the employee first. The card statement is a payable to the issuer, and each charge still needs a receipt and a code.

## Words this system refuses for it

- expense report (the claim)
- debit card

- **Category:** Payables
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/lexicon)
- **Rendered by:** [card-transaction-match](https://lopifi.com/md/components/card-transaction-match), [expense-capture](https://lopifi.com/md/components/expense-capture)
- **Related:** liability, statement, account