debit

See also: débit

EnglishEdit

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EtymologyEdit

From Middle French debet, from Latin debilitum (what is owed, a debt), neuter past participle of debere (to owe); see debt.

PronunciationEdit

NounEdit

debit (plural debits)

  1. In bookkeeping, an entry in the left hand column of an account to record a debt.
  2. A sum of money taken out of an account.

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VerbEdit

debit (third-person singular simple present debits, present participle debiting, simple past and past participle debited)

  1. To make an entry on the debit side of an account.
  2. To remove a sum of money from an account as a payment.

TranslationsEdit

AdjectiveEdit

debit (not comparable)

  1. of or relating to process of taking money from an account
  2. 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

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Last modified on 31 March 2014, at 21:47