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Glite Dictionary
debit side

debit side

5.7
The left side of an account that shows payments and costs
  • noun
  • /ˈdɛbɪt saɪd/
  • Specialized
translation icon : lado de débito

Examples

  • On the debit side, the U.K. experience was prolonged, costly, and cantankerous.

    Academic text (2005)

  • The accountant carefully reviewed the debit side of the financial statement to ensure all expenses were accurately recorded.

  • In their annual report, the company highlighted significant losses on the debit side that impacted their overall profitability.

  • When analyzing the budget, she noted that the debit side reflected higher than expected costs for the project.

Antonyms

credit side
  • Specialized
6.0

The side of an account that shows money received or amounts added

Surface Forms

debit side singular
debit sides plural

Morphology

debit + side

The compound is directly compositional: 'debit' names the ledger entry (on the left) and 'side' denotes which part of the account, so 'debit side' straightforwardly means the side of the ledger containing debits. This is a standard accounting noun+noun combination that a learner who knows both constituents can readily interpret.

Etymology

Debit side comes from old account books where accountants wrote debit entries in the left side column of the page. So, the phrase now means the 'left side' of an account where amounts owed or recorded as debits are listed.