debit interest

/'debɪt ˌɪntrəst/ noun
an interest on debts, such as overdrafts

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • debit interest — interest accrued on a debt …   English contemporary dictionary

  • 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… …   The Collaborative International Dictionary of English

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

  • Debit spread — In finance, a debit spread, AKA net debit spread, results when an investor simultaneously buys an option with a higher premium and sells an option with a lower premium. The investor is said to be a net buyer and expects the premiums of the two… …   Wikipedia

  • Debit MasterCard — The Debit MasterCard is a type of debit card in the United Kingdom, Australia, the United States and other countries. It uses the same systems as the standard MasterCard credit card, but does not use a line of credit to the customer as it is a… …   Wikipedia

  • Debit card cashback — This article is about debit card cashback. For other forms of cashback, see Cashback (disambiguation). Debit card cashback (known as cash out when using EFTPOS in Australia and New Zealand) is a service offered to retail customers whereby an… …   Wikipedia

  • debit card — noun Date: 1975 a card like a credit card by which money may be withdrawn or the cost of purchases paid directly from the holder s bank account without the payment of interest …   New Collegiate Dictionary

  • debit card — noun A card much like a credit card, but which takes money directly from the bank account, rather than borrowing money at a rate of interest, and uses a PIN instead of a signature …   Wiktionary

  • Current debit —   An ISO term. The current debit interest rate and date from which effective …   International financial encyclopaedia

  • Maestro (debit card) — The Maestro logo. Maestro is a multi national debit card service owned by MasterCard, and was founded in 1990. Maestro cards are obtained from associate banks and can be linked to the card holder s current account, or they can be prepaid cards.… …   Wikipedia

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