EBIT

Business / Finance / EBIT: When an underwriter can't find buyers for a stock and therefore has to buy them for his own account.

Debit

Business / Accounting / Debit: A column in a journal or ledger to record the 'To' side of a transaction (eg. if you are paying money into your bank account you would debit the bank when making the journal entry). MORE

EBITDA

Business / Taxes / EBITDA: Earnings before interest, taxes, depreciation, and amortization are commonly shortened to EBITDA. EBITDA reports a company’s profits before interest on debt and taxes owed or paid to the government MORE

Customers Net Debit Balance

Business / Finance / Customers Net Debit Balance: Agreement signed by a margin customer that allows a broker to borrow margined securities up to the level of the customer's debit balance to help cover other customers' short positions. MORE

Preauthorized Electronic Debits (PAD)

Business / Finance / Preauthorized Electronic Debits (PAD): Debits to a bank account in advance by the payer. The payer's bank sends payment to the payee's bank through the Automated Clearing House (ACH) system. MORE

Debit Card

Business / Accounting / Debit Card: Bank cards that allow the payment of goods and services to be subtracted directly from a bank account. MORE

Debit Balance

Business / Finance / Debit Balance: A type of stock that makes fixed payments at scheduled intervals of time. Debenture stock differs from a debenture in that it has the status of equity, not debt, in liquidation. MORE

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