### Question
What is the definition of gift certificate?


### Answer
The definition of **gift certificate** is as follows in *15 U.S.C. § 1693l*:

> an electronic promise that is—


(i) redeemable at a single merchant or an affiliated group of merchants that share the same name, mark, or logo

#### Citation:
  - *15 U.S.C. § 1693l*
  - Heading: **CHAPTER 41-CONSUMER CREDIT PROTECTION > SUBCHAPTER VI-ELECTRONIC FUND TRANSFERS**

