direct debit

British

noun

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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direct debit

According to the Energy Saving Trust, the electricity unit rate under the July to September 2026 price cap is 26.11p per kWh for direct debit customers.

From Science Daily ● Jul. 29, 2026

That could mean setting up a direct debit from your current account to a savings account, organising cash into different envelopes or using round-up tools that put spare change aside when you spend.

From BBC ● Jul. 8, 2026

Continue the premiums by direct debit and make sure that the insurance company has no reason or loophole to cancel it for lack of payment.

From MarketWatch ● Jun. 9, 2026

Receiving your bill every quarter, rather paying a monthly direct debit, is typically about £140 a year more expensive, says regulator Ofgem.

From BBC ● May 27, 2026

Prepayment customers were previously charged more than those who settle their bill by direct debit, but now pay the same after the latest move to align what prepayment and Direct Debit customers pay.

From BBC ● Mar. 16, 2026

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023