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debit -- A bookkeeping term for a sum of money owed by an individual or institution; a charge deducted from an account.

debit card -- A banking card enhanced with ATM (automated teller machine) and POS (point-of-sale) features that can be used to purchase goods and services electronically. The card replaces cash or checks. Transactions are deducted from the cardholder's checking account either immediately or within one to three days. Depending upon the type of card, a debit card may require the user to sign his or her name or enter a PIN (personal identification number) into special equipment.

deposit slip -- An itemized slip showing the exact amount of paper money, coin, and checks being deposited to a particular account.

depositor -- An individual or company that puts money in a bank account.