debit

Meaning

Noun

1. In bookkeeping, an entry in the left hand column of an account.
2. A sum of money taken out of a bank account. Thus called, because in bank's bookkeeping a cash withdrawal diminishes the amount of money held on the account, i.e. bank's debt to the customer.

Verb

1. To make an entry on the debit side of an account.
2. To record a receivable in the bookkeeping.

Adj

1. of or relating to process of taking money from an account
2. of or relating to the debit card function of a debit card rather than its often available credit card function

Synonyms

charge

debt

debtor

debit side

indebtedness

debit entry

computation

deficit

divide

dr

duty

enter in one’s account

estimate

expenditure

figure

invoicing

liability

load

outlay

put down

quotation

red

retail

separate

share

take in

toll

weigh down

weight down

withdrawal

way of borrowing

frontal pull-down

hiki-otoshi

keep a record

weight

account debit

debtor side

arrears

of a debtor

bill

borrow

burthen

calculation

claim

Pronounced as (IPA)

/ˈdɛb.ɪt/

Etymology

Borrowed from Middle French debet, from Latin debitum (“what is owed, a debt”), neuter of debitus, past participle of debere (“to owe”); Doublet of debt.