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debit Definition

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debit
verb(deb-it)
to enter upon the debit side of an account : charge with a debit
debit
noun(deb-it)
a record of an indebtedness; specifically : an entry on the left-hand side of an account constituting an addition to an expense or asset account or a deduction from a revenue, net worth, or liability account
debit
noun(deb-it)
the sum of the items entered as debits
debit
noun(deb-it)
a charge against a bank deposit account
debit
noun(deb-it)
a card like a credit card by which money may be withdrawn or the cost of purchases paid directly from the holder's bank account without the payment of interest
debit
noun(deb-it)
a way of paying bills by allowing people or companies to take money directly from a customer's bank account on a particular day
debit
idiom(deb-it)
in the section of a financial record where debits are written
debit
idiom(deb-it)
—used when mentioning the things that one does not like about something

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debit Examples by Brain Bank Users