Definition of debit Debit

/dɛˈbɪt/ - [debit] - deb•it

We found 14 definitions of debit from 6 different sources.

What does debit mean?

Noun Plural: debits
debit - an accounting entry acknowledging sums that are owing
		debit entry
		accounting entry, ledger entry, entry an item inserted in a written record
Verb debites, debiting, debitten
debit - enter as debit
		credit have trust in; trust in the truth or veracity of
		account, calculate furnish a justifying analysis or explanation; "I can't account for the missing money"
		accounting a system that provides quantitative information about finances
		charge saturate; "The room was charged with tension and anxiety"

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debit (Noun)
In bookkeeping, an entry in the left hand column of an account to record a debt.
debit (Noun)
A sum of money taken out of an account.
debit (Verb)
To make an entry on the debit side of an account.
debit (Verb)
To remove a sum of money from an account as a payment.
debit (Adjective)
Of or relating to process of taking money from an account.
debit (Adjective)
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.

debit (n.)
A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account.
debit (v. t.)
To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold.
debit (v. t.)
To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.

debit
deb′it, n. a debt or something due: an entry on the debtor side of an account.—v.t. to charge with debt: to enter on the debtor side of an account.—n. Deb′itor (Shak.), a debtor. [L. debitum, what is due, from debēre, to owe.]

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debit in sign language