Pronunciation: /ˈdɛbɪt/

Definitions of debit

noun an entry recording a sum owed

Example Sentences

A1 I paid for my groceries using my debit card.

A2 She checked her bank account balance to see if the debit had gone through.

B1 The customer disputed the unauthorized debit from their account.

B2 The company's financial report showed a significant increase in debits this quarter.

C1 The accountant reconciled the debits and credits to ensure the financial statements were accurate.

C2 The CFO made a decision to limit the amount of debits allowed on company accounts to prevent fraud.

verb to record a sum owed

Example Sentences

A1 I debit money from my account to pay for groceries.

A2 She debited the amount from her savings to cover the unexpected expense.

B1 The company debits the monthly subscription fee from my credit card automatically.

B2 He debited the incorrect charge from my account and issued a refund.

C1 The bank debited the loan repayment amount from my checking account on the due date.

C2 As a financial analyst, I often debit and credit accounts to ensure accurate financial reporting.

Examples of debit in a Sentence

formal Please remember to debit the correct account for the transaction.

informal Don't forget to take the money out of your account for that purchase.

slang Make sure to swipe your card for that payment.

figurative His actions will debit from his reputation in the long run.

Grammatical Forms of debit

past tense

debited

plural

debits

comparative

more debit

superlative

most debit

present tense

debits

future tense

will debit

perfect tense

have debited

continuous tense

is debiting

singular

debit

positive degree

debit

infinitive

to debit

gerund

debiting

participle

debited

Origin and Evolution of debit

First Known Use: 1250 year
Language of Origin: Latin
Story behind the word: The word 'debit' originated from the Latin word 'debitum' which means 'what is owed'.
Evolution of the word: Over time, the word 'debit' evolved to refer to the recording of an entry on the left-hand side of an account, indicating an increase in an asset or expense, as opposed to a credit entry on the right-hand side which indicates a decrease in an asset or expense.