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to be debited against/es
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debit — deb|it1 [ˈdebıt] n [Date: 1400 1500; : Latin; Origin: debitum debt ; DEBT] 1.) technical a decrease in the amount of money in a bank account, for example because you have taken money out of it ≠ ↑credit →↑direct debit 2.) … Dictionary of contemporary English
Duty Entitlement Pass Book — DEPB (Duty Entitlement Pass Book ) is an export incentive scheme of Indian Government provided to Exporters in India.[1] Duty Entitlement Pass Book Scheme in short DEPB is an export incentive scheme. Notified on 1/4/1997, the DEPB Scheme… … Wikipedia
Asset Valuation Reserve - AVR — Capital required to be set aside in order to cover a company against unexpected debt. The asset valuation reserve serves as a backup for equity and credit losses. A reserve will have capital gains or losses credited or debited against the reserve … Investment dictionary
Lee Mallory — For the World War II RAF Fighter Command officer, see Trafford Leigh Mallory Lee Mallory (January 10, 1945 March 21, 2005) was a singer, songwriter and guitarist who was part of such projects as The Millennium and Sagittarius. His most successful … Wikipedia
Appraisal Capital — A form of accounting adjustment. Appraisal capital is created when the appraised value of a company s asset exceeds its book value. The difference between the two values is debited against the actual asset and then credited to an equity account… … Investment dictionary
account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you … Financial and business terms
Debits and credits — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
debit — n. & v. n. 1 an entry in an account recording a sum owed. 2 the sum recorded. 3 the total of such sums. 4 the debit side of an account. v.tr. (debited, debiting) 1 (foll. by against, to) enter (an amount) on the debit side of an account (debited… … Useful english dictionary
Columbia House — For other uses, see Columbia House (disambiguation). Columbia House Type Private Industry direct to consumer distributor of media products Founded 1955 Founder(s) Columbia Records Headquarters … Wikipedia
Direct debit — A direct debit or direct withdrawal is an instruction that a bank account holder gives to his or her bank to collect an amount directly from another account. It is similar to a direct deposit but initiated by the beneficiary. It is also called… … Wikipedia
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