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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

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

Others have simply cancelled the direct debit with their bank, but this can impact your credit score – and it doesn't cancel your contract with the company.

From BBC ● Apr. 2, 2026

Between 1 April and 30 June 2026, the annual bill for dual-fuel direct debit households in Great Britain using a typical amount of energy will be £1,641.

From BBC ● Mar. 16, 2026

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