direct debit

noun

chiefly British
: a way of paying bills by allowing people or companies to take money directly from a customer's bank account on a particular day
paying your bills by direct debit

Examples of direct debit in a Sentence

Recent Examples on the Web Payments may be set up using direct debit, a requirement for balances between $25,000 and $50,000. Jill Schlesinger, The Mercury News, 15 Apr. 2024 People expecting a refund and wanting to take it as a direct deposit or direct debit also should have relevant bank account information handy. The Arizona Republic, 6 Mar. 2024 Most folks prepay their energy bills by direct debit in the UK, and energy suppliers estimate your usage and set your monthly bill at a level to cover it. Simon Hill, WIRED, 7 Sep. 2022

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'direct debit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near direct debit

Cite this Entry

“Direct debit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/direct%20debit. Accessed 19 Jul. 2024.

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