Investor Glossary-debit cardInvestor Glossary-debit cardInvestor Glossary-debit cardInvestor Glossary-debit cardInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Debit Card

The HTML to link to this page
 

A debit card is a plastic card that resembles a credit card. Using a debit card a customer can withdraw funds on deposit in the customer's account using an ATM (automated teller machine.) A debit card draws directly on funds in the consumer's bank account (i.e. checking account). Most businesses that accept credit cards will also accept a debit card. A debit card transaction pays the seller of goods or services by withdrawing funds already on deposit in the buyer's bank account, as opposed to a credit card transaction where funds are loaned to the buyer by the card issuer. A debit card usually requires the owner to supply PIN number or a signature. As a result, a debit card can be considered a relatively safe alternative to cash.



Rate this debit card definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: inflation, EBITDA, average price per share, current ratio, FTSE, 1035 exchange, LIBOR, annual return, deferred revenue, option premium, 401a, command economy, open position, real GDP, implied volatility, in escrow, quality assurance, cancelled check, dividends payable, covered put, stock split, 1031 exchange, class C shares, required rate of return, ex-dividend, limit order, risk management, Zero Cost Collar, reverse mortgage, minority interest, VIX, deferred tax, Key Rate Duration, margin rate, wholly-owned subsidiary, APR, 144a, diluted share, stock market close, FICO score, ex-dividend date, phantom income, per diem, debt service coverage, balance sheet, retained earnings, irrevocable trust, labor relations, liquidity ratio


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use