Bank Debits — A bookkeeping term for realization of the reduction of deposits held by bank customers. Bank debits can be the result of check payments, honored drafts or a withdrawal of funds from an account. Economists also use bank debit statistics to… … Investment dictionary
Debits and credits — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Bank Account Debits Tax — (BADT or BAD) was an Australian tax levied on customer withdrawals from bank accounts with a cheque facility (both withdrawals made by cheque or by another means, such as EFTPOS). The tax was introduced by the Commonwealth in 1982. The power to… … Wikipedia
Debits Tax — is a type of tax imposed on debit transactions. It was in force in Australia from 1982 to 1 July 2005, and was introduced to Sri Lanka on 1 June 2002. Currently, all bank accounts in Sri Lanka are charged 0.1% tax on any debit withdrawal above… … Wikipedia
Bank book — (b[a^][ng]k b[oo^]k ). A book kept by a depositor, in which an officer of a bank enters the debits and credits of the depositor s account with the bank. [1913 Webster] … The Collaborative International Dictionary of English
bank — bank1 /bangk/, n. 1. a long pile or heap; mass: a bank of earth; a bank of clouds. 2. a slope or acclivity. 3. Physical Geog. the slope immediately bordering a stream course along which the water normally runs. 4. a broad elevation of the sea… … Universalium
Bank — For other uses, see Bank (disambiguation). Banker and Bankers redirect here. For other uses, see Banker (disambiguation). Banking … Wikipedia
Preauthorized electronic debits (PADs) — Debits to its bank account in advance by the payer. The payer s bank sends payment to the payee s bank through the ACH)Automated Clearing House ( ACH) system. The New York Times Financial Glossary … Financial and business terms
Medici bank — Infobox Defunct Company company name = Medici bank company fate = Shut down by authorities successor = foundation = c. 1397 defunct = 1494 location = Various; home branch in Florence, Italy industry = Banking key people = Giovanni di Bicci,… … Wikipedia
Medici Bank — For the private bank in Austria that failed due to its investment in Bernard Madoff s Ponzi scheme, see Bank Medici. Medici Bank Industry Banking Key people Giovanni di Bicci, Cosimo de Medici, Piero di Cosimo, Lorenzo de Medici, Francesco… … Wikipedia
preauthorized electronic debits — ( PAD) debits to a bank account in advance by the payer. The payer s bank sends payment to the payee s bank through the Automated Clearing House ( ACH) system. Bloomberg Financial Dictionary … Financial and business terms
