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

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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
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Recent Examples on the Web: Verb 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 The purchases are automatically debited from your checking account. cleveland, 16 Feb. 2020 When drivers pass under overhead gantries, their E-ZPass account will be debited the amount of the trip. Washington Post, 16 Nov. 2019 Recent Examples on the Web: Noun Admission: $35 includes all three haunts, available at the gate only, no checks or debit cards. Mary Colurso | Mcolurso@al.com, al, 1 Oct. 2021 Customers can pay using stored debit or credit cards, bank accounts or their respective company’s balance or credit. Marc Bona, cleveland, 12 Aug. 2021 The ATMs often accept foreign debit and credit cards. Jeanette Marantos, Los Angeles Times, 11 Aug. 2021 The business allows companies to process and accept cross-border payments from a handful of popular sources–debit and credit cards, online banks, PayPal, Apple Pay and other eWallets. David Dawkins, Forbes, 7 Apr. 2021 Back in 2004, very few people in China had debit or credit cards, and buyers and sellers using Alibaba's e-commerce platform needed a reliable way to handle payments. Julia Horowitz, CNN, 27 Sep. 2020 Moharramian said the central bank was looking at taking further steps, including placing more controls and limits on the use of debit cards to transfer funds between individuals. Dominic Dudley, Forbes, 23 Sep. 2021 In total, she was found to have received 197 of the debit cards EDD uses to issue benefits with at least $1,633,487 loaded on them, according to court filings. Richard Winton, Los Angeles Times, 8 Sep. 2021 Another major opportunity missed by banks is the distribution of debit cards in the country. Kingsley Kobo, Quartz, 6 Sep. 2021

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.

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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

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Learn More About debit

Dictionary Entries Near debit

debility

debit

debitable

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Statistics for debit

Cite this Entry

“Debit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/debit. Accessed 18 Oct. 2021.

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More Definitions for debit

debit

verb

English Language Learners Definition of debit

 (Entry 1 of 2)

: to take money from (an account)

debit

noun

English Language Learners Definition of debit (Entry 2 of 2)

: an amount of money that is taken from an account

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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