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

• These Virtual Cards can be used to purchase goods or services or make payments online or by phone without presenting your physical Oxygen Visa Business Debit Card number.

• This agreement replaces any prior agreement governing the use of the Debit Card and the PIN but does not replace or supersede any agreement or provision of any agreement relating to any loan, credit facility or the operation of any account.

• If we are not timely notified of an unauthorized non-consumer ACH Debit entry, we will not be able to return the item without the cooperation and agreement of the originating bank and the originator of the debit entry.

• Check here to apply for an Affinity Visa Debit Access Card; however, you must have an Affinity Checking Account or Health Savings Account.

• When you use your Virtual Card, the legal effect will be the same as if you used the physical Oxygen Visa Business Debit Card itself.

More Definitions of Debit

Debit means there will be a charge for the services which PATH will pay. "Credit" means the Contractor will be paying PATH.

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

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 a withdrawal or other deduction from your Account.

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’;

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.