Debit Memorandum

Business, Legal & Accounting Glossary

Definition: Debit Memorandum


Debit Memorandum


Full Definition of Debit Memorandum


(1) A notification to an account holder from a financial institution about a charge against an account, like a service fee for insufficient funds. (2) During a sales transaction, the vendor may notify the other party about extra charges on the original purchase agreement.


Cite Term


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Page URL
https://payrollheaven.com/define/debit-memorandum/
Modern Language Association (MLA):
Debit Memorandum. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/debit-memorandum/.
Chicago Manual of Style (CMS):
Debit Memorandum. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/debit-memorandum/ (accessed: March 29, 2024).
American Psychological Association (APA):
Debit Memorandum. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/debit-memorandum/

Definition Sources


Definitions for Debit Memorandum are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.