debit

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See also débit

Contents

[edit] English

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[edit] Etymology

< Latin debitum (what is owed, a debt), neut. pp. of debere (to owe); see debt.

[edit] Pronunciation

[edit] Noun

Singular
debit

Plural
debits

debit (plural debits)

  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.

[edit] Derived terms

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[edit] Verb

Infinitive
to debit

Third person singular
debits

Simple past
debited

Past participle
debited

Present participle
debiting

to debit (third-person singular simple present debits, present participle debiting, simple past and past participle debited)

  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.

[edit] Adjective

debit (not comparable)

Positive
debit

Comparative
not comparable

Superlative
none (absolute)

  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}

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