What is the definition of Debit date? | Dictionary.net

DEBIT DATE

\dˈɛbɪt dˈe͡ɪt], \dˈɛbɪt dˈe‍ɪt], \d_ˈɛ_b_ɪ_t d_ˈeɪ_t]\

Definitions of DEBIT DATE

1910 - Black's Law Dictionary (2nd edition)

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The date when money from an account is taken based on a debit. It is done when funds are there on the same day every month.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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