debit ticket

noun

Definition of debit ticket

1 : an order drawn by an employee of a bank at a depositor's request to pay out money against the depositor's account
2 or debit memo : a memorandum of a charge (as for service) made by a bank against a depositor's account
3 : a slip indicating a transaction to be debited to an account or in the general ledger

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Cite this Entry

“Debit ticket.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/debit%20ticket. Accessed 29 May. 2020.

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