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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 holder’s bank account immediately. In contrast, a credit card balance doesn’t 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

  1. ‹ debit
  2. ‹ debility
  3. ‹ debilitate
  4. ‹ debenture
  5. ‹ debauchery
  6. ‹ debaucher
  7. ‹ debauchee
  8. ‹ debauched
  9. ‹ debauch
  10. ‹ debate
  1. debonair ›
  2. debone ›
  3. Deborah ›
  4. debouch ›
  5. debouchment ›
  6. Debra ›
  7. Debray, Regis ›
  8. Debrecen ›
  9. debridement ›
  10. debrief ›