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debit |
Also found in: Dictionary/thesaurus, Legal, Financial, Idioms | 0.01 sec. |
debitA monetary amount that is subtracted from an account balance. A debit from one account is a credit to another. See credit. |
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18) In the following discussion, all these means of debiting accounts are referred to collectively as account debits. This report presents the results of field research conducted to better understand consumer preferences for various electronic bill payment timing methods, in order to determine how changes in the timing of payment debiting would affect adoption levels and providers' profits. We will integrate EuroDebit Systems' debiting capabilities into our PowerCash21(TM) platform. |
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