What's the difference between debenture and debit?

Debenture


Definition:

  • (n.) A writing acknowledging a debt; a writing or certificate signed by a public officer, as evidence of a debt due to some person; the sum thus due.
  • (n.) A customhouse certificate entitling an exporter of imported goods to a drawback of duties paid on their importation.

Example Sentences:

  • (1) Although the investments will typically run for 20 or 25 years, if you want to get your money out before the end date, Davis says there will be an eBay-style bulletin board on the website allowing investors to sell their debentures for a mutually agreeable price to a willing buyer.
  • (2) The original investment is paid back over the lifetime of the debenture or as a lump sum at maturity.
  • (3) Those who put their money in will be buying debentures, which are like official IOUs issued by the individual energy projects.

Debit


Definition:

  • (n.) A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account.
  • (v. t.) To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold.
  • (v. t.) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.

Example Sentences:

  • (1) The debit card doubles as a Clubcard, and customers will be able to earn points wherever they use it.
  • (2) Target’s data breach in 2013 exposed details of as many as 40m credit and debit card accounts and hurt its holiday sales that year.
  • (3) Ensuring residents have multiple ways to pay (such as via a text message or through a smartphone app) will also be important as they offer residents the control they feel they have with cash and can be used to top up a direct debit.
  • (4) It comes with a full banking service including a cash card but no debit card, chequebook or overdraft.
  • (5) CPAs are similar to direct debits in that they enable a company to control the size and frequency of payments from the customer's account.
  • (6) The Tesco Bank current account offers 3% interest on credit balances, Clubcard points on all debit card spending, and a "simple and transparent" fees and charges structure.
  • (7) JD, Oxford More than three months to get a replacement debit card is ridiculous, and we agree that you have been more than patient.
  • (8) Hours after Greece’s bailout programme with its creditors expired and the country became the first in the developed world to miss an IMF loan repayment, Greek pensioners without debit cards were at last able to withdraw some cash.
  • (9) The second debit sent him overdrawn leaving him unable to access any funds.
  • (10) In 2014, hackers stole information on an estimated 56 million debit and credit card customers from Home Depot .
  • (11) Pay by direct debit This can save consumers up to 10% or about £100 a year, according to Citizens Advice .
  • (12) As part of an ongoing investigation into credit brokers, the company was found to have used high-pressure sales tactics to persuade consumers to provide their debit or credit card details on the false premise that they were needed for an identity or security check.
  • (13) The £5 a month is to ensure that customers do not face further banking charges when payments are returned unpaid for direct debits and standing orders.
  • (14) The average debit card was used to make 94 purchases in 2013, with the total amount spent per card typically coming in at just over £4,000.
  • (15) However, hyperimmunoglobulinemia tends to show elevated hydrochloric acid debit.
  • (16) As students across Britain began closing accounts at the bank, HSBC reacted by freezing interest on overdrafts Letter chain Millions of template letters downloaded from internet sites - including theguardian.com - forced the banks into this week's court case to clarify the legal basis of charges such as those for bounced cheques and direct debits.
  • (17) He said he was considering requiring energy companies to put some direct debit customers on low tariffs with a customer's right to opt out.
  • (18) Allowing tenants to set the date the direct debit leaves their account also boosts take-up.
  • (19) The results point out that the phase of cell-specific function is distinctly lengthened to the debit of a reduced rate of mitosis.
  • (20) Choose an online tariff Scottish Power, British Gas and npower are among the providers which offer their best deals to customers willing to pay by direct debit and manage their account online.