2006 New York Code - Definitions.

 
    § 701. Definitions. Whenever used in this article:
    1. "Consumer" means a natural person.
    2. "Creditor" means a person, partnership, corporation, association or
  other  entity who, in the ordinary course of business, regularly extends
  consumer credit.
    3. "Consumer credit" means credit extended to  a  consumer,  primarily
  for  personal,  family  or  household purposes, pursuant to a plan under
  which the creditor may permit the consumer to make purchases  or  obtain
  loans,  from  time  to time, directly from the creditor or indirectly by
  use of a credit card, check or other device, as the plan may provide.
    4. "Billing error"  means  the  initial  occurrence  of  an  error  by
  omission  or  commission by the creditor in a billing statement given to
  the consumer by the creditor in (a) posting any debit or credit  or  (b)
  the  computation of any amount or (c) any similar error of an accounting
  nature or (d) posting any debit for goods which were not received by the
  consumer as required  by  the  provisions  of  subdivision  fourteen  of
  section four hundred thirteen of the personal property law.