noun Download 🔗Share In bookkeeping, an entry in the left hand column of an account. Examples : "A cash sale is recorded as debit on the cash account and as credit on the sales account." business finance economy toeic Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share 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. Examples : "My bank account showed a debit of $50 after I paid for my son's school supplies. " business finance economy toeic Chat with AIVocabulary GamePractice Reading
verb Download 🔗Share To make an entry on the debit side of an account. Examples : "The store manager had to debit my account for the returned item. " business finance economy toeic Chat with AIVocabulary GamePractice Reading
verb Download 🔗Share To record a receivable in the bookkeeping. Examples : "We shall debit the amount of your purchase to your account." business finance economy toeic Chat with AIVocabulary GamePractice Reading
adjective Download 🔗Share Of or relating to process of taking money from an account Examples : "The debit card allows for easy withdrawal of funds from your account. " business finance toeic Chat with AIVocabulary GamePractice Reading
adjective Download 🔗Share Of or relating to the debit card function of a debit card rather than its often available credit card function Examples : "The store only accepts debit transactions; it doesn't offer credit. " finance business economy toeic Chat with AIVocabulary GamePractice Reading
