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debit

deb·it

debit

 
 
pronunciation:
de biht
parts of speech:
noun, transitive verb
features:
Word Combinations (noun, verb), Word Builder, Word Parts
part of speech: noun
definition 1: an amount of money removed from or owed on an account, or the record of that amount.
This debit of fifteen dollars in your checking account reflects a fee that the bank charges each month.
antonyms:
credit
definition 2: in double-entry bookkeeping, the left-hand side of an accounts ledger, or any entry or sum recorded on the left-hand side. (Cf. credit.)
antonyms:
credit
similar words:
charge
definition 3: a shortcoming or disadvantage; drawback.
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part of speech: transitive verb
inflections: debits, debiting, debited
definition 1: to charge with a debt, or to subtract from an amount of money that exists in an account.
I have arranged it so that my bank debits my account each month to pay for my swim club membership.
antonyms:
credit
definition 2: to enter on the left-hand side of a double-entry accounts ledger.
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Word Builder: debit +
  • debit card:
    a card from your bank that lets you withdraw money from an ATM.
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