Debit Memorandum

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Definition: Debit Memorandum

Debit Memorandum
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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

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/debit-memorandum/
Modern Language Association (MLA):
Debit Memorandum. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
November 06, 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: November 06, 2024).
American Psychological Association (APA):
Debit Memorandum. PayrollHeaven.com. Retrieved November 06, 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.