debit
Pronunciation
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.016
Pronunciation
- IPA: /ˈdɛb.ɪt/
debit
- In bookkeeping, an entry in the left hand column of an account.
- A cash sale is recorded as debit on the cash account and as credit on the sales account.
- A sum of money taken out of a bank account. Thus called, because in bank's bookkeeping a cash withdrawal diminishes the amount of money held on the account, i.e. bank's debt to the customer.
- Russian: де́бет
- Portuguese: débito
- Russian: де́бет
debit (debits, present participle debiting; past and past participle debited)
- To make an entry on the debit side of an account.
- To record a receivable in the bookkeeping.
- ''We shall debit your account for the amount of the purchase.
- We shall debit the amount of your purchase to your account.
debit (not comparable)
- of or relating to process of taking money from an account
- of or relating to the debit card function of a debit card rather than its often available credit card function
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.016