Glossary of Fuel Card Terms and Definitions

A | B | C | D | E | F | G - H | H | I - K | L | M | N | O | P | Q | R | S | T | U - Z

A

Ad-Blue
The urea-based additive for vehicles is now available at many sites across the UK. With the pressure now on for fleets to confirm to Euro 4 & 5 standards, Ad-Blue cleans post combustion resulting in lower tail pipe emissions.

B

Bio-Diesel
Diesel manufactured from oil derived from crops or vegetable oil. Pure, non-blended biodiesel can be poured straight into the tank of any diesel vehicle. However 100% bio-Diesel over the pumps is not readily available in the UK.

C

Card Charges
Annual Fee per card. This fee varies depending on the type of card purchased.

Chip and Pin
Added security feature to a fuel card to ensure 99.9% that the cards can not be cloned to limit fraud.

D

Data Bridge
System installed in vehicle to monitor mileage/fuel management.

Derv
Industry name for diesel. Stands for Diesel engine road vehicle.

Drawings
An individual transaction made on a fuel card – An individual ‘Draws’ fuel from a forecourt pump.

F

Fixed Price
A price for Diesel or Petrol set each week which is applicable to all fixed price stations on the individual fuel card networks.

Fleet Card
A fuel card designed for fleets of vehicles. Typically offering a pump pricing policy and larger UK wide network coverage.

Forecourt
Place to buy fuel such as a garage or site.

Fuel Card
Similar to a credit card, Used to buy fuel, lubricants & other items. Offers a company more control over purchases.

G

Gas Oil
Also called red diesel, used for machinery + plant.

H

HGV
Heavy goods vehicle

I

Invoice
The bill we send to customers for all products purchased on their fuel cards. Invoices are broken down per transaction and show detailed information including a VAT breakdown.

L

LCV
Light commercial vehicle

LPG
Liquid petroleum gas – cheaper than petrol however vehicles have to be modified. Government grants are available however availability of LPG is very poor.

N

Network
Garages/Sites that are available to a specific fuel card. Network sizes and types vary by fuel card

O

OLAM (Online Account management)
Web based system for customers to view there own accounts online. Customers can view transaction details for each fuel card.

P

Payment Terms
Time in days between date of invoice and when a direct debit will be taken.

PPL
Pence per litre.

Price Notification
How we communicate a fixed weekly price to customers. We can do this through e-mail, fax or a text message.

Pump Price
Certain fuel cards work on a ‘pump pricing’ policy, this means you pay the price that is advertised on the forecourt.

R

Red Diesel
Diesel used for machinery or plant usage. Red diesel is illegal on the UK roads. Also known as ‘gas oil’.

RHA
Road Haulage association – A UK body with membership of around 10,000 hauliers. They translate the government’s legislation into real world application for its haulier members.

S

Smart Sites
Site where chip and pin card is used normally automated un-manned sites.

Site Directory
Site directories are available for all of our cards. They are generally an A5 booklet detailing all the sites available on that specific fuel card network.

V

VAT Approved
Invoice covers all information on VAT to customer can claim back in a format acceptable to the Inland Revenue.