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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
/ ˈɛɪ /
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 Word Forms
- ·i noun verb (used with object)
- ·i verb (used with object)
- ܲ·i· adjective
Word History and Origins
Word History and Origins
Origin of debit1
Example Sentences
It comes after a series of household bills became more expensive in April, and would mean a typical annual bill for a dual-fuel customer paying by direct debit would cost £1,683.
The bank plans to introduce debit and credit cards that can be used internationally at a later date.
"Most policymakers think of endowments as a chequing account, a debit card where you can withdraw money and use it for any purpose," said Steven Bloom, the spokesperson for American Council on Education.
Imagine your daily life without using a debit card to pay for groceries or pulling up your bank app to check your account balance.
Shopping around for a better deal on essential bills is often something done online, and may require signing up to a direct debit payment.
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