Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Debit

An accounting entry resulting either in an increased amount of assets or a decreased number of liabilities. Also, in terms of insurance and underwriting, debits represent factors that have a negative effect on an individual's mortality rating.

Previous

Death Benefit Payments

Next

Debits use of Funds

POPULAR BLOGS

POPULAR BLOGS

The Top Machine Learning Skills in Demand in 2026

Read More

Emerging AI Skills in Demand in 2026

Read More

United States and Canada Minimum Wage Updates - July 2026

Read More

View All Blogs

Explore Compensation Solutions

Pay Equity

Salary Survey Management

Shift Differentials

View All Solutions

WHITE PAPERS

Top Performing White Papers

National Compensation Forecast April 2026

Read More

Compensation Strategies for Remote Work and Organizational Culture – Fall 2025

Read More

Planning Global Compensation Budgets for 2026 - January 2026

Read More

View All White Papers

Popular Searches

Non-Duplication of Benefits Minimum Premium Plan (MPP) Slotting Proxy Statement Level Cutters Dues and Membership Fees Relation of Earnings to Insurance Clause Pay Range Overlap Balance Sheet Approach Retired Lives Reserve

Featured White Paper

Common Compensation Terms and Formulas - January 2026

Includes the latest updates: Compensable factors, defined benefit plan, job leveling, lead differential, shift differential and more.
Salary structure formulas and strategies

Download Now