debit Meaning & Definition
What Does Debit Mean?
As a noun, debit means In bookkeeping, an entry in the left hand column of an account. It can also mean 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. As a verb, it means To make an entry on the debit side of an account. As an adjective, it means of or relating to process of taking money from an account.
Debit at a Glance
| Part of speech | noun, verb, adjective |
|---|---|
| Pronunciation | //ˈdɛb.ɪt// |
| Syllables | 1 |
| Synonyms | debit entry |
| Antonyms | credit entry and credit |
| Plural | debits |
| Verb forms | debits, debiting, debited |
Debit Definition (Noun)
- 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.
Debit as a Verb
- 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.
Debit as an Adjective
- 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 (Can we add an example for this sense?)
Synonyms of Debit
Debit synonyms and antonyms →Antonyms of Debit
Debit in a Sentence
A cash sale is recorded as debit on the cash account and as credit on the sales account.
We shall debit your account for the amount of the purchase.
We shall debit the amount of your purchase to your account.
Word Forms & Grammar
debit (countable and uncountable, plural debits)
debit (third-person singular simple present debits, present participle debiting, simple past and past participle debited)
debit (not comparable)
Words That Rhyme With Debit
Origin of Debit
Borrowed from Middle French debet, from Latin debitum (“what is owed, a debt”), neuter of debitus, past participle of debere (“to owe”); Doublet of debt.
How to Pronounce Debit
You say debit as //ˈdɛb.ɪt//. It has 1 syllable.
Debit: Your Questions Answered
Is debit a noun or a verb?
Debit is mainly used as a noun, but it can also be used as a verb and an adjective.
What is another word for debit?
You can replace debit with words such as debit entry. See the full list of debit synonyms and antonyms.
What is the opposite of debit?
Antonyms of debit include credit entry and credit.
What is the plural of debit?
The plural of debit is debits.
What is the past tense of debit?
The past tense of debit is debited. The present participle is debiting.