debit
IPA: dˈɛbɪt
noun
- In bookkeeping, an entry in the left hand column of an account.
- 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
- To make an entry on the debit side of an account.
- To record a receivable in the bookkeeping.
adjective
- of or relating to process of taking money from an account
- of or relating to the debit card function of a debit card rather than its often available credit card function
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Examples of "debit" in Sentences
No Sentences Found for debit
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