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direct debit

noun

  1. an order given to a bank or building society by a holder of an account, instructing it to pay to a specified person or organization any sum demanded by that person or organization Compare standing order
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

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Shopping around for a better deal on essential bills is often something done online, and may require signing up to a direct debit payment.

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It fixes the maximum price that can be charged for each unit of energy on a standard - or default - variable tariff for a typical dual-fuel household which pays by direct debit.

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This means the annual bill for a dual-fuel direct debit household using a typical amount of energy is going up to £1,849 per year.

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Between April and June, households on prepayment meters will pay slightly less than those on direct debit, with a typical bill of £1,803, a rise of £113 from the previous quarter.

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If you pay each month without direct debit, the setup fee is $69.

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