Debit
Debit
Glossary Hotel operations management
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Definition of debit
Debit: Card: A payment system in which money collected by a merchant (hotel) is automatically (electronically) deposited into the merchant's local bank account.: As with bank and: T&E cards, merchants accepting the cards are assessed a fee for the right to do so.
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Glossary Hotel operations management
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Definition and meaning of debit
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