Meaning of the word debit in English

What does debit mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

debit

US /ˈdeb.ɪt/

UK /ˈdeb.ɪt/

an entry recording an amount owed, received, or spent, typically on the left-hand side of an account

Example:

•

The bank made a debit of $50 from my account.

•

Check your statement for any unauthorized debits.

Synonym:

charge deduction withdrawal

Synonym:

credit

to remove (an amount of money) from a customer's account, typically as payment for goods or services

Example:

•

The company will debit your account for the monthly subscription fee.

•

Please confirm if you want us to debit your card.

Synonym:

charge deduct withdraw

Synonym:

credit

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Related Word:

debit card