noun
- an entry recording an amount owed or a charge against an account
- a payment made by electronic transfer from a bank account
Usage: accounting
verb
- to record an amount as owed or to charge an account
Usage: accounting
Examples
- The bank statement showed a debit of $50 for the monthly fee.
- I prefer to pay by debit card rather than cash.
- The accountant will debit your account for the purchase.
- There was an unauthorized debit from my checking account.
- The store debited my account immediately after the transaction.
- Each debit must be balanced by a corresponding credit.
- She used her debit card to withdraw money from the ATM.