debit card Definition
debit card
noun
a kind of bank card that allows the cost of purchases to be automatically debited, or deducted, from the cardholder's bank account
debit card Finance Definition
A
plastic card that has a magnetic strip on one side that can be swiped. A debit
card is used to pay for goods and services. The bank or financial institution
issuing the debit card pays the merchant and then deducts the amount of the
transaction from the debit card holders bank account immediately. In contrast,
a credit card balance doesnt have to be paid for many months after a purchase.
debit card Usage Examples
Adjective modifier
new: Will I need to apply for a new debit card to use RBS Secure?
Modifies a noun
detail: Teddy Bear Friends will not pass on your personal or credit or debit card details to any third party.
Browse dictionary entries near debit card
- ‹ debit
- ‹ debility
- ‹ debilitate
- ‹ debenture
- ‹ debauchery
- ‹ debaucher
- ‹ debauchee
- ‹ debauched
- ‹ debauch
- ‹ debate
- debonair ›
- debone ›
- Deborah ›
- debouch ›
- debouchment ›
- Debra ›
- Debray, Regis ›
- Debrecen ›
- debridement ›
- debrief ›

