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

Discover what ERI can do for you

See how our compensation management solutions can ensure your salary planning strategy is a success.

Schedule a personalized demo

WHITE PAPERS

Top Performing White Papers

National Compensation Forecast July 2026

Read More

Global Minimum Wage Trends – July 2026

Read More

Planning Global Compensation Budgets for 2027

Read More
View All White Papers