Debit - definition, pronunciation, transcription

Amer.  |ˈdebɪt|  American pronunciation of the word debit
Brit.  |ˈdɛbɪt|  British pronunciation of the word debit

noun

- an accounting entry acknowledging sums that are owing

verb

- enter as debit

Examples

The bank mistakenly debited my account $200!

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

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

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

The amount of the cheque has been debited to your account.

The sum of £25 has been debited from your account.

Purchases are debited against the client's account.

Every debit must have a corresponding credit and vice-versa.

The difference between the debit and credit sides of an account

Debit amounts are bracketed.

Bikes are easy to park, but on the debit side can be dangerous in traffic.

Word forms

verb
I/you/we/they: debit
he/she/it: debits
present participle: debiting
past tense: debited
past participle: debited
noun
singular: debit
plural: debits
See also:  WebsterWiktionaryLongman