Debit Meaning and Definition


Published: 4 years ago

Updated: 4 years ago

Reading time: 3 minutes

What is the definition Debit? What is its meaning in the dictionary? How to pronounce? Related sentences, Derivations, Words starting with Debit, Words ending with Debit, Example sentences, Synonyms, Antonyms and more...

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


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Debit Words that start with D