What does bank debits mean?

bank debits meaning in Law Dictionary

When money is obtained from a free account by the client. It is regularly predict trends and cash demand.

bank debits meaning in Business Dictionary

An accounting term accustomed describe the reduced total of deposits held by lender consumers. Bank debits can result from check payments or withdrawal of funds from a merchant account. Economists use lender debit statistics to forecast economic trends, including the interest in cash.