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Meaning of "direct debit" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF DIRECT DEBIT

direct debit play
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GRAMMATICAL CATEGORY OF DIRECT DEBIT

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Direct debit is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES DIRECT DEBIT MEAN IN ENGLISH?

Direct debit

A direct debit or direct withdrawal is a financial transaction in which one person withdraws funds from another person's bank account. Formally, the person who directly draws the funds instructs his or her bank to collect an amount directly from another's bank account designated by the payer and pay those funds into a bank account designated by the payee. Before the payer's banker will allow the transaction to take place, the payer must have advised the bank that he or she has authorized the payee to directly draw the funds. It is also called pre-authorized debit or pre-authorized payment. After the authorities are set up, the direct debit transactions are usually processed electronically. Direct debits are typically used for recurring payments, such as credit card and utility bills, where the payment amounts vary from one payment to another. However, when the authorisation is in place, the circumstances in which the funds are drawn as well as the dates and amounts are a matter of agreement between the payee and payer, of which the bankers are not concerned.

WORDS THAT BEGIN LIKE DIRECT DEBIT

direct access
direct action
direct address
direct broadcasting by satellite
direct broadcasting satellite
direct coupled
direct coupling
direct current
direct dialling
direct discourse
direct distance dialing
direct dye
direct evidence
direct grant school
direct hit
direct injection
direct input
direct labour
direct lighting
direct mail

WORDS THAT END LIKE DIRECT DEBIT

a bit
bit
buck rarebit
debit
every bit
exhibit
gambit
gigabit
habit
hobbit
inhabit
inhibit
not a bit
obit
orbit
prohibit
rabbit
rarebit
snakebit
wait-a-bit

Synonyms and antonyms of direct debit in the English dictionary of synonyms

SYNONYMS

Translation of «direct debit» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF DIRECT DEBIT

Find out the translation of direct debit to 25 languages with our English multilingual translator.
The translations of direct debit from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «direct debit» in English.

Translator English - Chinese

直接扣款
1,325 millions of speakers

Translator English - Spanish

domiciliación de pagos
570 millions of speakers

English

direct debit
510 millions of speakers

Translator English - Hindi

डायरेक्ट डेबिट
380 millions of speakers
ar

Translator English - Arabic

يَخْصِمُ مُبَاشَرَةً مِنْ حِسَابِ العَمِيل
280 millions of speakers

Translator English - Russian

прямой дебет
278 millions of speakers

Translator English - Portuguese

débito direto
270 millions of speakers

Translator English - Bengali

সরাসরি খরচ
260 millions of speakers

Translator English - French

prélèvement automatique
220 millions of speakers

Translator English - Malay

debit langsung
190 millions of speakers

Translator English - German

Lastschrifteinzug
180 millions of speakers

Translator English - Japanese

口座引き落とし
130 millions of speakers

Translator English - Korean

자동 이체
85 millions of speakers

Translator English - Javanese

Debit langsung
85 millions of speakers
vi

Translator English - Vietnamese

ủy nhiệm chi
80 millions of speakers

Translator English - Tamil

நேரடி பற்று
75 millions of speakers

Translator English - Marathi

थेट डेबिट
75 millions of speakers

Translator English - Turkish

Otomatik ödeme
70 millions of speakers

Translator English - Italian

addebito diretto
65 millions of speakers

Translator English - Polish

obciążenie rachunku klienta za jego zgodą
50 millions of speakers

Translator English - Ukrainian

прямий дебет
40 millions of speakers

Translator English - Romanian

debit direct
30 millions of speakers
el

Translator English - Greek

άμεση χρέωση
15 millions of speakers
af

Translator English - Afrikaans

direkte debiet
14 millions of speakers
sv

Translator English - Swedish

autogirobetalning
10 millions of speakers
no

Translator English - Norwegian

avtalegiro
5 millions of speakers

Trends of use of direct debit

TRENDS

TENDENCIES OF USE OF THE TERM «DIRECT DEBIT»

The term «direct debit» is quite widely used and occupies the 44.405 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Quite widely used
80
/100
The map shown above gives the frequency of use of the term «direct debit» in the different countries.
Principal search tendencies and common uses of direct debit
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «direct debit».

FREQUENCY OF USE OF THE TERM «DIRECT DEBIT» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «direct debit» during the past 500 years. Its implementation is based on analysing how often the term «direct debit» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about direct debit

EXAMPLES

10 ENGLISH BOOKS RELATING TO «DIRECT DEBIT»

Discover the use of direct debit in the following bibliographical selection. Books relating to direct debit and brief extracts from same to provide context of its use in English literature.
1
Payment Systems: Principles, Practice, and Improvements
In effect, a direct debit is merely an electronic check since there may or may not be sufficient funds in the payor's account to cover the amount to be debited. As shown in Tables 3-4 and 3-5, Germany and the Netherlands are the most intensive ...
David B. Humphrey, 1995
2
Cases and Materials on UK and EC Competition Law
Direct debit facility When offeringto provide a store card to a customera store card provider shall ensure: 1. there is an option to pay all the monies owing on the store card account by direct debit; and 5. Direct debit facility When offeringto ...
Barry Rodger, Angus MacCulloch, Jonathan Galloway, 2009
3
Australian Consumer Credit Legislation
Form 11 — Direct debit default notice subsection 87(3) of the Code regulation 85 of the Regulations DIRECT DEBITS FROM YOUR BANK ACCOUNT A direct debit repayment has been dishonoured (not paid). Contact us [insert telephone ...
Australia, Cch, 2010
4
Financial Services Law and Compliance in Australia
The payer would sign the Direct Debit Request and send it to the Direct Debit User rather than to the payer's financial institution. The payer's financial institution would accept in good faith requests for payment from the Direct Debit User's ...
Gail Pearson, 2009
5
Going for Self-employment: How to Set Up and Run Your Own ...
You must retum both forms to the lnland Revenue National lnsurance Contributions Office We regret that the facility to pay by Direct Debit is not available to share fishermen. Our leaflet CA1 1 "National lnsurance for share fishermen" gives ...
John Whiteley, 2003
6
Business Knowledge for IT in Retail Banking: A Complete ...
Additional reference information is held in several fields; for example, a direct debit reference. The date a payment instruction is to be processed can be set for the whole payment file or for each payment instruction. Transaction types The ...
Essvale Corporation Limited, 2007
7
Understanding PeopleSoft 8
A direct debit file can be generated from the Accounts Receivable module using the delivered processes. This file has to be reformatted to suit the bank's requirements before transmission to the bank. Please refer to Figure 19.12 for the AR ...
Lynn Anderson, Cap Gemini Ernst & Young U.S., LLC, 2006
8
Investigating Business Communication and Technologies
This form is for Direct Debit payments from a bank account only. To set up Direct Debit from your credit card, For the convenience of Direct Debit simply fill in the information below and return to us at On Hold Request, GPO Box 321 , Adelaide  ...
Rhonda Rasmussen, Aliisa Mylonas, Hilary Beck, 2012
9
ThirdWay
NEW SUBSCRIPTION FORM PLEASE Send me Third Way 10 times a year, starting with Name: Address: Postcode: FREE trial subscription fend that as a new subscriher paying hy Direct Debit or CardCharge you will send me the next three ...
10
ThirdWay
NEW SUBSCRIPTION FORM PLEASE Send me Third Way 10 times a year, starting with Name: Address: Postcode: FREE trial subscription I understand that as a new subscriber paying by Direct Debit or CardCharge you will send me the next ...

10 NEWS ITEMS WHICH INCLUDE THE TERM «DIRECT DEBIT»

Find out what the national and international press are talking about and how the term direct debit is used in the context of the following news items.
1
GoCardless CEO: how to beat the banks using design (Wired UK)
GoCardless was founded in 2011 and now serves tens of thousands of businesses around the world and is the UK's leading Direct Debit ... «Wired.co.uk, Jul 15»
2
10 things Greeks can barely do any more | World news | The Guardian
Others who have subscription accounts to pay for iCloud storage received error messages when monthly direct debit fees were due. «The Guardian, Jul 15»
3
Gateshead farm needs to raise £50,000 by the end of August or it …
The farm has launched an appeal for regular direct debit donations that would help to pay for running costs along with several other funding ... «ChronicleLive, Jul 15»
4
SlimPay Grabs $16.6M To Make Recurring Payments Easy In …
We do cards as well, but our expertise in the SEPA direct debit is what sets us apart in the marketplace and we think it is what will push us to be ... «PYMNTS.com, Jul 15»
5
Lotto and Thunderball results: Wednesday, July 8 - Lincolnshire Echo
You can play up to eight weeks in advance or continuously by Direct Debit. The National Lottery Lotto and Thunderball games are drawn every ... «Lincolnshire Echo, Jul 15»
6
How to beat rip-off energy firms and bring down the cost of your gas …
Look for a dual fuel (electricity and gas from the same supplier) online tariff and pay by direct debit. This could chop an average £312 off your ... «Mirror.co.uk, Jul 15»
7
Bitcoin's blockchain technology could give back more than software …
... less than a cent so that you can read an article, or even part of an article, in the Financial Times, for instance, without taking out a direct debit. «International Business Times UK, Jul 15»
8
SlimPay raises €15 Million to bring Direct Debit to the SaaS industry
Screenshot 2015-07-07 11.08.47 Fintech startup SlimPay has raised €15 Million from Prime Ventures, an investment firm with close ties to ... «The Rude Baguette, Jul 15»
9
Watchdog to investigate charities' 'boiler room' tactics - The Guardian
... were routinely asked over the phone to commit to direct debit donations after revealing they have memory problems or Alzheimer's disease. «The Guardian, Jul 15»
10
'People feel pressurised' by fundraising, says Gosschalk on One Show
... one viewer claimed to have “donated to Scope via text, only to then be pestered by calls asking them to set up a direct debit, which they didn't ... «Civil Society Media, Jul 15»

REFERENCE
« EDUCALINGO. Direct debit [online]. Available <https://educalingo.com/en/dic-en/direct-debit>. Apr 2024 ».
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