Debit

Pronunciation

• IPA: /ˈdÉ›b.ɪt/
• Rhymes: -É›bɪt

Origin

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

Full definition of debit

Noun

1. In bookkeeping, an entry in the left hand column of an account to record a debt.
2. A sum of money taken out of an account.

Derived terms

• debit card

Related terms

• debt
• debitor
• debenture

Verb

1. To make an entry on the debit side of an account.
2. To remove a sum of money from an account as a payment.

Adjective

1. of or relating to process of taking money from an account
2. 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

Antonyms

• credit

Derived terms

• debit card

Anagrams

• bidet, bited