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debit
[ deb-it ]
noun
- the recording or an entry of debt in an account.
- Bookkeeping.
- that which is entered in an account as a debt; a recorded item of debt.
- any entry or the total shown on the debit side.
- the left-hand side of an account on which such entries are made ( credit ).
- an undesirable or disadvantageous feature.
verb (used with object)
- to charge with a debt:
The store debited her account for the purchase.
- to charge as a debt:
The store debited the purchase to her account.
- Bookkeeping. to enter upon the debit side of an account.
debit
/ ˈdɛbɪt /
noun
- acknowledgment of a sum owing by entry on the left side of an account
- the left side of an account
- an entry on this side
- the total of such entries
- ( as modifier ) Compare credit
a debit balance
verb
- tr
- to record (an item) as a debit in an account
- to charge (a person or his account) with a debt Compare credit
Other Words From
- pre·debit noun verb (used with object)
- re·debit verb (used with object)
- un·debit·ed adjective
Word History and Origins
Word History and Origins
Origin of debit1
Example Sentences
It means someone paying by direct debit and using a typical amount of gas and electricity will pay £1,738 a year, which remains high compared with pre-Covid norms.
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.
Lloyds is investigating and has refunded £2,000 relating to debit card transactions Mrs Campbell made under the instruction of the criminal.
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.
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.
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