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Glite Dictionary
💸 A money deduction 💸 To take money
debit

debit

55 3.9
An entry on the left side of an account that shows money taken out or owed
  • noun
  • /ˈdɛbɪt/
  • Specialized
translation icon : débito
  • The accountant explained that each debit entry reduces the overall balance in the ledger.
  • debits and credits
  • the debit side
  • a debit balance

Examples

  • After the transaction, the debit for the purchase appeared on his account immediately.

  • However, the Extra debit card now allows you to have the best of both.

  • So is that gonna be cash, debit or credit?

    Amityville Poltergeist (2020)

  • Do you have a debit card maybe?

    Ordinary Angels (2024)

  • I use a debit card.

    Nobody (2021)

  • In the era of credit cards and debit cards, we do not see, nor do we touch money.

    Academic text (2018)

  • You can pay with a credit or debit card, or with a PayPal account.

    Blog text (2)

  • Recently, some boarding schools have instituted a debit card system to effectively eliminate the need for cash on campus.

    Academic text (2006)

  • When reviewing her bank statement, she noticed a debit that she didn't recognize.

Synonyms

deduction
vsdebit
115 3.0

An amount taken away from a total, for example from pay

is an accounting entry that records that subtraction not just the amount
debit entry
vsdebit
  • Specialized
5.1

An account record that shows money someone owes or spends

is the same but noted on the left side of an account

Antonyms

credit
∞ 3.1

An amount of money you can borrow now and pay back later

Compounds

debit card
27 1.6

A plastic card you use to pay or withdraw money from your bank account

debit balance
  • Specialized
4.4

An amount that shows an account owes money because more money was taken out than put in

debit entry
  • Specialized
5.1

An account record that shows money someone owes or spends

debit side
  • Specialized
5.7

The left side of an account that shows payments and costs

Surface Forms

debit singular
debits plural

Etymology

Debit comes from the Latin debitum, from debēre meaning 'to owe'. It is the same root as the English word debt, so a debit originally meant something 'owed', which is why in accounts it shows money that is owed or taken from an account.