to debit
- verb
- /ˈdɛbɪt/
- Specialized
- Clearly, one would only debit energy sources that are coming from our own inventory, so to speak.
- debit the account
Examples
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If you choose the online option, we will debit your bank account immediately for the purchase.
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Without it, a person will not be able to buy or sell any goods since it tracks everyone's finances and would obviously require knowing and identifying every individual in order to properly debit their bank accounts.
Blog text (1) -
If the bank is off at all, they're going to credit or debit the account accordingly.
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That is what I have automatically debited from my checking account into my savings accounts.
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First Horizon continued to debit the account for nearly four years after the loan was paid in full, thereby overcharging by $9,461.57.
Academic text (2006) -
If you owe money, you can pay the IRS on their websites by the tax filing deadline or you can set up a dates for the IRS to debit your bank accounts.
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The store will automatically debit your account for the subscription fee every month.
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You can set up your utilities to debit your checking account on the due date each month.
Synonyms
Take an amount from a total, usually money
To record a cost so you can claim the money back
To add a cost to someone's bill to pay later
Antonyms
Compounds
- Specialized
An amount that shows an account owes money because more money was taken out than put in
Surface Forms
Etymology
Debit as a verb also comes from the Latin debēre 'to owe' and the noun debitum. So to debit an account is to record something as 'owed' or to charge and remove money from that account.