direct debit — diˌrect ˈdebit noun [countable, uncountable] especially BrE BANKING an instruction that you give your bank to regularly pay money directly out of your account to a particular person or organization: • Payment can be made by direct debit. • We set … Financial and business terms
direct debit — noun An arrangement by which a creditor can claim payment direct from the payer s bank account, and the payee can vary the amount paid • • • Main Entry: ↑direct * * * noun, pl ⋯ its [count, noncount] chiefly Brit : a way of paying bills by… … Useful english dictionary
direct debit — direct debits N VAR If you pay a bill by direct debit, you give permission for the company who is owed money to transfer the correct amount from your bank account into theirs, usually every month. [mainly BRIT] Switch to paying your mortgage by… … English dictionary
direct debit — noun count or uncount an order to a bank to regularly pay money from your account to a person or organization ─ compare STANDING ORDER … Usage of the words and phrases in modern English
direct debit — ► NOUN Brit. ▪ an arrangement made with a bank that allows a third party to transfer money from a person s account … English terms dictionary
Direct debit — A direct debit or direct withdrawal is an instruction that a bank account holder gives to his or her bank to collect an amount directly from another account. It is similar to a direct deposit but initiated by the beneficiary. It is also called… … Wikipedia
direct debit — UK / US noun [countable/uncountable] Word forms direct debit : singular direct debit plural direct debits an order to a bank to regularly pay money from your account to a person or organization • See: standing order … English dictionary
direct-debit — /dərɛkt ˈdɛbət/ (say duhrekt debuht) verb (t) (in banking) to generate a direct debit to (an account) …
direct debit — /daɪˌrekt debɪt/ noun a system where a customer allows a company to charge costs to his or her bank account automatically and where the amount charged can be increased or decreased with the agreement of the customer ● I pay my electricity bill by … Dictionary of banking and finance
Direct debit dividend contributions — also known as 3DC are payments made towards shareholders for shares which have been issued on credit. Issuing stock on credit is considered appropriate when a Stakeholder (such as company s founder or other key person) wishes to retain… … Wikipedia
