debit
See also débit
English
Etymology
From Latin debilitum (“what is owed, a debt”), neuter past participle of debere (“to owe”); see debt.
Pronunciation
Noun
debit (plural debits)
- In bookkeeping, an entry in the left hand column of an account to record a debt.
- A sum of money taken out of an account.
Derived terms
Related terms
Translations
in bookkeeping, an entry in the left hand column of an account
sum of money taken out of an account
See also
Verb
debit (third-person singular simple present debits, present participle debiting, simple past and past participle debited)
- To make an entry on the debit side of an account.
- To remove a sum of money from an account as a payment.
Translations
to make an entry on the debit side of an account
Adjective
debit (not comparable)
- of or relating to process of taking money from an account
- of or relating to the debit card function of a debit card rather than its often available credit card function {as used by US Postal Service, Walmart, and other payees}
Antonyms
Derived terms
External links
- debit in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913
- debit in The Century Dictionary, The Century Co., New York, 1911
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