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

• The secure electronic payments gateway is an online interface between contractors and Debit card / online payment authorization networks.

• Payment e-Service fee: The online payment for eService fee can be done using the secure electronic payment gateway by bidders/ Vendors online directly through Debit Cards & Internet Banking Accounts.

• For subscription made by NRE / FCNR Account cheques, the application forms must be accompanied with a photocopy of the cheque or Account Debit Letter / Certificate from the bankers.

• In case of SIP through Auto Debit, the Auto Debit Authorisation needs to be filled in and signed by the Bank Account holders in the same order and manner in which the Bank account is held by them.

• Mavromaras, M., et al., Evaluation of the Cashless Debit Card in Ceduna, East Kimberley and the Goldfields Region – Consolidated Report.

More Definitions of Debit

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 there will be a charge for the services, which the Port Authority will pay.

Debit means there will be a charge for the services which the Port Authority will pay. "Credit" shall mean the Contractor will be paying the Port Authority.

Debit means a withdrawal or other deduction from your Account.

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 the movement of funds out of your Account’;