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

A mum with kids requiring refrigerated medicines for cancer rang up with her voice cracking because she could not afford her £5 prepayment top-up and asked to be put onto a credit direct debit.

From BBC

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

From BBC

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

It means the typical annual dual-fuel bill paid by direct debit will be £1,717, which might prompt some customers to consider switching to a fixed tariff.

From BBC

The company processes more than 60% of debit transactions in the US, according to the complaint, bringing in $7bn in fees annually.

From BBC