Debit Order
| Term | Definition |
|---|---|
| Debit Order | Debit Order An instruction to the bank to debit your account monthly with your monthly expenses, i.e. your An agreement between the customer and a bank whereby the bank lends the customer money in return for a security (mortgage bond) being registered over the property in the bank’s favour Afrikaans - Huislening ">homeloan The regular monthly amount that a borrower agrees to pay on an outstanding debt to a lender. Afrikaans - Paaiement ">installment. Afrikaans - Debietorder |