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D

Debit

An entry recording an amount of money going out of your account, such as a withdrawal, a debit card payment, an outgoing check, etc.



Entry link: Debit

Debit Card

A plastic card that is connected to your checking account and is used to pay for things instead of using checks or cash.

Entry link: Debit Card

Deposit

  • (verb) to put money into your account.
  • (noun) a sum of money that is put into your bank account.


Entry link: Deposit

Deposit Slip

 A slip of paper that you fill out and give to the bank to show how much money you put into your account.



Entry link: Deposit Slip

Direct Deposit

When your company puts your paycheck directly into your account automatically by computer.



Entry link: Direct Deposit

Drawee

The person who writes the check.

Entry link: Drawee