debit

verb
deb·​it | \ ˈde-bət How to pronounce debit (audio) \
debited; debiting; debits

Definition of debit

 (Entry 1 of 2)

transitive verb

: to enter upon the debit side of an account : charge with a debit

debit

noun

Definition of debit (Entry 2 of 2)

1a : 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 : a charge against a bank deposit account

Examples of debit in a Sentence

Verb The bank mistakenly debited my account $200! Your account will automatically be debited for the amount of your insurance bill every month. Noun I forgot to enter some of the debits in my bank account register. The account's credits were added and the debits subtracted. a $30 debit for groceries
Recent Examples on the Web: Verb The state agencies issued the pandemic unemployment benefit funds to debit cards in the names of the identity theft victims. Mckenna Oxenden, baltimoresun.com, 10 Feb. 2022 In 2010, the bank stopped charging overdraft fees tied to debit cards. Washington Post, 11 Jan. 2022 The crisis has sped up a shift away from cash amid concerns about the cleanliness of paper money, and in an increasingly remote world, people moved more everyday spending online and to debit cards. Bill Hardekopf, Forbes, 11 June 2021 The bank issues debit cards containing unemployment benefits under a contract with the state Employment Development Department, which administers the benefits program. Patrick Mcgreevy, Los Angeles Times, 1 June 2021 The extended benefits are part of a program known as Pandemic-EBT, or P-EBT, because the assistance is made available on electronic benefit transfer cards similar to debit cards. Patrick Marley, Milwaukee Journal Sentinel, 5 May 2021 Many people, worried about taking on new debt in an uncertain job market, switched to debit cards. Annamaria Andriotis, WSJ, 18 Mar. 2021 Paper checks will continue to be sent out through January, as will debit cards. Leada Gore | Lgore@al.com, al, 5 Jan. 2021 That means that your payment will be debited from your bank account, rather than adding to your credit card balance. Aimee Picchi, USA TODAY, 6 June 2020 Recent Examples on the Web: Noun On the debit side are the film’s human performances. Chicago Tribune, 4 May 2022 What might be balancing the travel rebound out are some moderating expectations for other growth, particularly in day-to-day U.S. debit spending that might be more sensitive to economic conditions than discretionary, big-ticket credit-card spending. Telis Demos, WSJ, 3 May 2022 On the debit side, Connecticut still has deeply troubling structural fiscal problems, primarily from an unfunded pension liability that typically ranks among the worst in the U.S. on a per-capita basis. Mark Pazniokas And Keith M. Phaneuf, courant.com, 31 Mar. 2022 Three men were sentenced in San Diego federal court this week for carrying out a $1 million nationwide fraud scheme that stole debit and credit card data from gas pumps and ATMs and then used the information to raid victims’ accounts. Kristina Davis, San Diego Union-Tribune, 22 Apr. 2022 Production is set to scheduled to begin in the second quarter of 2022 and the car will make its global public debit at the Salon Privé London event on 21-23 April. Alistair Charlton, Forbes, 13 Apr. 2022 Payment is done digitally via credit, debit or Apple card, though drivers can be tipped in cash, the company says on its website. Marc Bona, cleveland, 24 Feb. 2022 Mastercard SpendingPulse, which tracks all kinds of payments including cash and debit cards, reported late last month that holiday sales surged 8.5% from Nov. 1 through Dec. 24 from a year earlier. Anne D'innocenzio, chicagotribune.com, 14 Jan. 2022 Mastercard SpendingPulse, which tracks all kinds of payments including cash and debit cards, reported Sunday that holiday sales had risen 8.5 percent from a year earlier. NBC News, 27 Dec. 2021 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'debit.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of debit

Verb

1668, in the meaning defined above

Noun

1746, in the meaning defined at sense 1a

History and Etymology for debit

Noun

Latin debitum debt

Learn More About debit

Dictionary Entries Near debit

debility

debit

debitable

See More Nearby Entries 

Statistics for debit

Cite this Entry

“Debit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/debit. Accessed 21 May. 2022.

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More Definitions for debit

debit

verb
deb·​it | \ ˈde-bət How to pronounce debit (audio) \
debited; debiting

Kids Definition of debit

 (Entry 1 of 2)

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

debit

noun

Kids Definition of debit (Entry 2 of 2)

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

More from Merriam-Webster on debit

Nglish: Translation of debit for Spanish Speakers

Britannica English: Translation of debit for Arabic Speakers

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