Definition from Nolo’s Plain-English Law Dictionary
A card issued by a bank that combines the functions of an ATM card and a check. A debit card can be used to withdraw cash at a bank, like an ATM card. It can also be used like a check at stores, to pay for goods and services. A debit card is linked to the user's bank account, from which money is automatically withdrawn when the card is used.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:14 pm