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1

debit

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verb deb·it \ˈde-bət\

Simple Definition of debit

  • : to take money from (an account)

Full Definition of debit

  1. transitive verb
  2. :  to enter upon the debit side of an account :  charge with a debit

Examples of debit

  1. The bank mistakenly debited my account $200!

  2. Your account will automatically be debited for the amount of your insurance bill every month.



1682

First Known Use of debit

1682


2

debit

noun deb·it

Simple Definition of debit

  • : an amount of money that is taken from an account

Full Definition of debit

  1. 1 a :  a record of an indebtedness; specifically :  an entry on the left-hand side of an account constituting an addition to an expense or asset account or a deduction from a revenue, net worth, or liability account b :  the sum of the items entered as debits

  2. 2 :  a charge against a bank deposit account

  3. 3 :  drawback, shortcoming

Examples of debit

  1. I forgot to enter some of the debits in my bank account register.

  2. The account's credits were added and the debits subtracted.

  3. a $30 debit for groceries



Origin of debit

Latin debitum debt


First Known Use: 1746



DEBIT Defined for Kids

1

debit

play
verb deb·it \ˈde-bət\

Definition of debit

deb·it·eddeb·it·ing

  1. :  to record as money paid out or as a debt <The amount was debited on my bank statement.>




2

debit

play
noun deb·it

Definition of debit

  1. :  an entry in a business record showing money paid out or owed





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