Debit card
Debit card Deb"it card`, n. [See {debit}.] a small usually plastic card with a magnetic coded number, similar to a credit card, which is used to pay for purchases by the electronic deduction of a sum of money (a debit) directly from the card-holder's bank account. Such cards do not require the establishment of a credit line, and such transactions do not incur any interest payments. [1913 Webster]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • debit card — A card issued by a bank that combines the functions of an ATM card and a check. A debit card can be used to withdraw cash at a bank, like an ATM card. It can also be used like a check at stores, to pay for goods and services. A debit card is… …   Law dictionary

  • debit card — n a plastic card with your signature on that you can use to pay for things. The money is taken directly from your bank account →↑cash card, ↑cheque card, ↑credit card …   Dictionary of contemporary English

  • debit card — debit cards N COUNT A debit card is a bank card that you can use to pay for things. When you use it the money is taken out of your bank account immediately …   English dictionary

  • debit card — ► NOUN ▪ a card allowing the holder to debit a bank account electronically when making a purchase …   English terms dictionary

  • debit card — debit ,card noun count a plastic card given by a bank that you use for paying for things. It moves money automatically from your bank account to the account of the person you are paying. ─ compare CREDIT CARD …   Usage of the words and phrases in modern English

  • debit card — n. a kind of bank card that allows the cost of purchases to be automatically debited, or deducted, from the cardholder s bank account …   English World dictionary

  • Debit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …   Wikipedia

  • debit card — A card that resembles a credit card but which debits a transaction account ( checking account) with the transfers occurring contemporaneously with the customer s purchases. A debit card may be machine readable, allowing for the activation of an… …   Financial and business terms

  • debit card — UK / US noun [countable] Word forms debit card : singular debit card plural debit cards a plastic card given by a bank that you use for paying for things. It moves money automatically from your bank account to the account of the person you are… …   English dictionary

  • debit card — noun a card (usually plastic) that enables the holder to withdraw money or to have the cost of purchases charged directly to the holder s bank account • Hypernyms: ↑open end credit, ↑revolving credit, ↑charge account credit, ↑positive… …   Useful english dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”