debit-card

Vocabulary Word

Definition

A 'debit card' is a bank card that allows you to pay for things directly from your bank account. It is linked to your account, and when you use it, that money is taken out of your account right away.

Examples in Different Contexts

In personal finance, a 'debit-card' is a payment card that deducts money directly from a consumer's checking account to pay for a purchase. A financial advisor might say, 'Using a debit-card helps you avoid debt, as you can only spend what you have.'

Practice Scenarios

Tech

Scenario:

Our app's new feature is almost ready for launch. It will make paying for services quicker and easier.

Response:

That sounds like a valuable feature. Our users will appreciate the convenience of paying with their debit cards.

Design

Scenario:

Our new card design should reflect our brand identity. We want it to feel modern and sleek.

Response:

I agree. As we design the debit card, we'll make sure it embodies our brand aesthetic.