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Debit

ˈdɛbɪt

Debit definitions

noun

Inflections:

debit debits

an entry recording a sum owed, listed on the left-hand side or column of an account

"a double-entry system of bookkeeping, where each debit has a corresponding credit entry"

Synonyms:
bill account tally financial obligation outstanding payment amount due money owing
- a payment made or owed
  
  "the trader pays a debit of $0.60 per contract"

verb

Inflections:

debits debiting debited debit

(of a bank or other financial organization) remove (an amount of money) from a customer's account

"$10,000 was debited from their account"

Synonyms:
take away take from take off deduct debit abstract discount dock remove withdraw
- remove an amount of money from (a bank account)
  
  "cash terminals automatically debit a customer's bank account"