Debit

Definition:

An expense, or money paid out from an account. A debit transaction is one which the net cost is greater than the net sale proceeds. See also Credit.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Pre shipment Finance

Short term funding for inventory and production costs associated with manufacturing goods being exported.

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