Debit definition

Debit means a charge or an amount of money somebody must pay. If we debit money to you or debit money to your account, that money is then added to the unpaid balance and the unpaid balance becomes larger. In this case “charge” and “debit” have similar meanings.
Debit means an amount which for accounting purposes reduces a profit, or increases or creates a loss, for a period of account.
Debit means the movement of funds out of your Account.

Examples of Debit in a sentence

  • If PayPal resubmits any SEPA Direct Debit payment request due to reversal of the original payment, there will be no (additional) information given on the amount and the time frame ahead of the resubmission.

  • We will keep any information (including your account details) in your Direct Debit Request confidential.

  • If you use a SEPA Direct Debit mandate for the continuous authority: • You can access the mandate and the mandate reference number (MRN) in your PayPal account profile at any time and cancel or change the mandate for future transactions.

  • Credit Card, Debit Card, Check and Cash Payments will be made available to the Cardholder on the same business day as the payment is received.

  • The issuance of the Debit Card does not amount to a representation or a warranty that any particular type of service is available or shall be available at any time in the future.


More Definitions of Debit

Debit means there will be a charge for the services, which the Port Authority will pay.
Debit. (D) means there will be a charge for the services which PATH will pay. "Credit" (C) means the Contractor will be paying PATH.
Debit means a unit of wetland value, in acres, that is withdrawn from the wetland mitigation bank upon approval of a banking transaction.
Debit. (D) shall mean there will be a charge for the services which the Port Authority will pay. "Credit"(C) shall mean the Contractor will be paying the Port that price section accordingly. The Bidder may also choose to insert No Credit/ Debit offered, i.e. No Charge. The Bidder shall indicate only one (1) response. If two (2) responses are bid, the Port Authority shall adjust that price section accordingly.
Debit means an acre of sage-grouse habitat permanently disturbed in a SGMA for which Compensatory Mitigation is applicable.
Debit means a withdrawal or other deduction from your Account.
Debit means the movement of funds out of your Account’;