debit
Plural: debits
Noun
- an accounting entry acknowledging sums that are owing
- In bookkeeping, an entry in the left hand column of an account.
- A sum of money taken out of a bank account. Thus called, because in bank's bookkeeping a cash withdrawal diminishes the amount of money held on the account, i.e. bank's debt to the customer.
Verb
Verb Forms: debited, debiting, debits
- To record an amount owed; to charge a sum.
- enter as debit
- To make an entry on the debit side of an account.
- To record a receivable in the bookkeeping.
Adj
- 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
Examples
- A cash sale is recorded as debit on the cash account and as credit on the sales account.
- The scorekeeper would DEBIT points from players who made invalid challenges.
- We shall debit the amount of your purchase to your account.
- We shall debit your account for the amount of the purchase.
Origin / Etymology
Borrowed from Middle French debet, from Latin debitum (“what is owed, a debt”), neuter of debitus, past participle of debere (“to owe”); Doublet of debt.
Synonyms
debit entry
Antonyms
Scrabble Score: 8
debit: valid Scrabble (US) TWL Worddebit: valid Scrabble Word in Merriam-Webster MW Dictionary
debit: valid Scrabble Word in International Collins CSW Dictionary
Words With Friends Score: 9
debit: valid Words With Friends Word