|
|
Debit note |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Debit noteA note, issued to a person or company indicating an amount owed.Similar MatchesDebit spreadDebit spreadApplies to derivative products. Difference in the value of two options, when the value of the option bought exceeds the value of the one sold. One buys a "debit spread." Antithesis of a credit spread. DebitDebitRecorded as negative (-) in the balance of payments, any transaction that gives rise to a payment out of the country, such as an import, the purchase of an asset (including official reserves), or lending to foreigners. Opposite of credit. Adjusted debit balance (ADB)Adjusted debit balance (ADB)The account balance for a margin account that is calculated by combining the balance owed to a broker with any outstanding balance in the special miscellaneous account, and any paper profits on short accounts. Customers net debit balanceCustomers net debit balanceThe total amount of credit given by NYSE member firms to finance customers purchasing securities. DebitDebitAn outflow of funds from an account with a bank or financial institution. For example: When a person writes a cheque, his/her account will subsequently be debited with the amount. Further SuggestionsDirect debitsdebit spread Debit Debit balance debit card direct debit |
|
|
|