Debit card and Deleverage: Difference between pages

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imported>Doug Williamson
(Linked to The Treasurers Handbook - Payments and payment systems)
 
imported>Administrator
(CSV import)
 
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A card enabling the holder to have purchases directly charged to funds on an account at a deposit-taking institution (this may sometimes be combined with another function, for example, that of a cash or cheque guarantee card).
To deleverage is to decrease financial leverage.
For example by paying off existing debt, or by not renewing maturing debt.
Online settlement requires a personal identification number (PIN) to initiate the transaction.
 


== See also ==
== See also ==
* [[Cheque guarantee card]]
* [[Leverage]]
* [[Personal identification number]]
* [[Credit card]]
* [[Payments and payment systems]]


[[Category:Cash_management]]

Revision as of 14:19, 23 October 2012

To deleverage is to decrease financial leverage. For example by paying off existing debt, or by not renewing maturing debt.

See also


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