debit

Meanings

1. 1
   noun

   An amount of money taken out of a bank account.

   A debit of fifty dollars appeared on my statement.

2. 2
   noun

   In accounting, an entry recording money paid out or owed.

   Each expense is recorded as a debit in the ledger.

3. 3
   verb

   To take money out of a bank account.

   The company will debit your account each month.

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.

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