noun
- entries recording amounts owed or charges made to an account
Usage: accounting
verb
- records a charge against an account or removes money from an account
Usage: accounting
Examples
- The bank statement showed several debits from my checking account.
- Monthly debits include rent, utilities, and loan payments.
- The accountant recorded the purchase as a debit to the equipment account.
- The store debits your account immediately when you use your debit card.
- She debits the expense account for all business travel costs.
- Automatic debits help ensure bills are paid on time.
- The system debits the customer’s account for the monthly subscription fee.