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debit::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Synonyms | debit entry |
| Type of | ledger entry, accounting entry, entry |
Examples of debit
debit
Yet, when used responsibly, credit cards offer more advantages than debit cards.
From the denverpost.com
A debit card pretty much limits spending to the amount in your checking account.
From the stltoday.com
We shouldn't be pounding Bank of America for this new $5 monthly debit card fee.
From the charlotteobserver.com
The bank also got rid of their overdraft fees for everyday debit-card purchases.
From the charlotteobserver.com
In 2009, debit cards surpassed credit cards as the most popular form of payment.
From the forbes.com
The Illinois Link card is a plastic card that looks and works like a debit card.
From the dailyherald.com
In many cases, banks are adding fees and removing perks like debit-card rewards.
From the online.wsj.com
For every swipe of a debit card, the related bank charges a fee to the retailer.
From the online.wsj.com
Perhaps it should have been restricted to payment by debit card not credit card.
From the guardian.co.uk
- An accounting entry acknowledging sums that are owing
- Enter as debit
- Debit and credit are formal bookkeeping and accounting terms. They are the most fundamental concepts in accounting, representing the two sides of each individual transaction recorded in any accounting system. ...
- In bookkeeping, an entry in the left hand column of an account to record a debt; A sum of money taken out of an account; To make an entry on the debit side of an account; To remove a sum of money from an account as a payment; of or relating to process of taking money from an account; of or ...
- (Debits) At least one component of every accounting transaction (journal entry) is a debit. Debits increase assets and decrease liabilities and equity.
- (debits) In the numerical rating system, debits represent underwriting factors that have an unfavorable effect on an individual's mortality rating. Debits are assigned positive values. See also credits and numerical rating system.
- A bookkeeping term for a sum of money owed by an individual or institution; a charge deducted from an account.
- Money paid out from an account either from a withdrawal or a transaction that results in decreasing the cash balance.
- An amount deducted from an account. In banking it can include checks, ATM withdrawals, point of purchase payments, Check Card purchases and more.
