debit

CEFRB1

/ˈdɛb.ɪt/

noun · verb

Türkçe translations

Translating…

In plain English

  1. 01

    noun

    An amount taken from a bank account.

  2. 02

    verb

    To take money from a bank account.

Examples

  • The ATM has swallowed my debit card.

  • We accept all major credit and debit cards.

At a glance

Sits at B1 on the CEFR scale

Senses
5
Parts of speech
2
Citations
1

Deep Dive

noun

Extra meanings
  1. 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.

  2. To make an entry on the debit side of an account.

  3. In bookkeeping, an entry in the left hand column of an account.

More examples

In context
  • Debit Mr Hill with $100.

  • A cash sale is recorded as debit on the cash account and as credit on the sales account.

  • We shall debit the amount of your purchase to your account.

Quick test

Two questions on this entry. Nothing is scored.

Question 1 · Quick check

The accountant recorded a blank in the ledger for the expense.

Practise this properly in the app, where the word comes back before you forget it.

Nearby

Origin

noun

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.