Debit meaning

Word: Debit

How to pronounce: ˈdebɪt

Noun

Definitions:

1. An entry recording an amount owed, listed on the left-hand side or column of an account.

Example sentences: "A double-entry system of bookkeeping, where each debit has a corresponding credit entry"

Transitive verb

Definitions:

1. (of a bank or other financial organization) remove (an amount of money) from a customer's account, typically as payment for services or goods.

Example sentences: "$10,000 was debited from their account"


Synonyms:

debet

flow rate

liability

debtor

negative


Antonyms:

credit

loan

cost

costs


Derivations:

debiting

debitor

debited


Keep in Mind

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Debit in Other Languages...

Spanish:

German: Debit

French: Débit

Italian: Addebito

Turkish: Banka