Debit Definition

dĕbĭt
debited, debits
noun
debits
An item of debt as recorded in an account.
American Heritage
The left-hand side of an account, where entries are made showing an increase in assets, a decrease in liabilities, etc.
Webster's New World
Such an entry.
Webster's New World
The sum of such entries.
Webster's New World
A sum deducted from one's bank account, as for a check.
Webster's New World
Synonyms:
Antonyms:
verb
debited, debits
To enter as a debit or debits; enter on the left-hand side of an account.
Webster's New World
To charge with a debit.
If you use an ATM, the bank will debit your account immediately.
American Heritage
To remove a sum of money from an account as a payment.
Wiktionary
Antonyms:
adjective
Of or relating to process of taking money from an account.
Wiktionary
Of or relating to the debit card function of a debit card rather than its often available credit card function {as used by US Postal Service, Walmart, and other payees.
Wiktionary

Other Word Forms of Debit

Noun

Singular:
debit
Plural:
debits

Origin of Debit

  • From Middle French debet, from Latin debilitum (“what is owed, a debt”), neuter past participle of debere (“to owe”); see debt.

    From Wiktionary

  • Middle English debite from Latin dēbitum debt debt

    From American Heritage Dictionary of the English Language, 5th Edition

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