debit

[ deb-it ]

noun

1. the recording or an entry of debt in an account.
2. Bookkeeping.
   1. that which is entered in an account as a debt; a recorded item of debt.
   2. any entry or the total shown on the debit side.
   3. the left-hand side of an account on which such entries are made ( credit ).
3. an undesirable or disadvantageous feature.

verb (used with object)

1. to charge with a debt:

   The store debited her account for the purchase.

2. to charge as a debt:

   The store debited the purchase to her account.

3. Bookkeeping. to enter upon the debit side of an account.

debit

/ ˈdɛbɪt /

noun

1. 1. acknowledgment of a sum owing by entry on the left side of an account
   2. the left side of an account
   3. an entry on this side
   4. the total of such entries
   5. ( as modifier ) Compare credit

      a debit balance

verb

1. tr
   1. to record (an item) as a debit in an account
   2. to charge (a person or his account) with a debt Compare credit

Other Words From

• pre·debit noun verb (used with object)
• re·debit verb (used with object)
• un·debit·ed adjective

Word History and Origins

Origin of debit¹

1400–50; late Middle English < Old French < Latin dēbitum something owed; debt

Word History and Origins

Origin of debit¹

C15: from Latin dēbitum debt

Example Sentences

Once their fake applications were approved, Puente and Marquez were reportedly issued debit cards from Bank of America for each applicant, where at least $167 a week was deposited for them to access, according to the indictment.

From Los Angeles Times

Lloyds is investigating and has refunded £2,000 relating to debit card transactions Mrs Campbell made under the instruction of the criminal.

From BBC

For example, JPMorgan Chase found that daily credit and debit card spending goes up by 0.9% when daylight saving time starts and down by 3.5% when it ends.

From Los Angeles Times

After the transfer the scammer asked him to create two virtual debit cards in the app for “testing” purposes and told him to delete the app for extra safety.

From BBC

He contacted Revolut to complain but they told him in a letter, seen by the BBC, that he would not be refunded as he had ultimately authorised the scammers to use the virtual debit cards.

From BBC