debit Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “debit” in the English Dictionary

"debit" in British English

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debitnoun [C or U]

uk   us   /ˈdeb.ɪt/

debitverb [T]

uk   us   /ˈdeb.ɪt/
(Definition of debit from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"debit" in American English

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debitnoun [C/U]

 us   /ˈdeb·ɪt/
money taken out of a ​financialaccount, or a ​record of ​money taken
debit
verb [T]  us   /ˈdeb·ət/
We have debited ​youraccount $30.
(Definition of debit from the Cambridge Academic Content Dictionary © Cambridge University Press)

"debit" in Business English

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debitnoun

uk   us   /ˈdebɪt/
[C] BANKING an ​amount of ​money that is taken out of a ​bankaccount, etc.: Once your ​contract with them ​ends, the ​company should no ​longer take monthly debits from your ​account. The ​statement showed a debit of £350 on January 22.
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[U] BANKING the ​system of taking ​money from a ​bankaccount, etc., for ​example, by using a debit ​card: When you ​swipe your ​card at the ​checkoutline, you'll be ​asked if you want to ​pay by debit or ​credit. debit ​payment/​transaction/​purchase I had ​lost the ​originalinvoice but I still had the debit ​receipt.
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[C] (abbreviation Deb, deb) ACCOUNTING an ​amountrecorded that is ​recorded in a company's ​financialaccounts which ​representsmoney that has been used to ​pay an expense or ​buy an ​asset. In double-entry ​bookkeeping debits are ​recorded on the left-hand ​side (= the debit ​side) of the ​accounts: One of the ​principles of ​accounting is that the debits ​recorded in a ​ledger should ​equal or ​balance the ​credits in it.
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in debit BANKING if a ​bankaccount, etc. is in debit, more ​money has been taken out of it than was originally put into it or ​paid: These ​transactions had put his ​account in debit.

debitverb [T]

uk   us   /ˈdebɪt/
BANKING to take or ​paymoney out of a ​bankaccount, etc.: Your ​account will be debited as soon as your ​order has been ​shipped.debit an account/card with sth By ​agreeing to these ​conditions, you give ​permission for us to debit your ​creditcard with the ​amountstated above.debit sth from sb’s account She later discovered that the ​bank had accidentally debited $517.23 from her ​account twice.
ACCOUNTING to ​record an ​amount in a company's ​financialaccounts which ​representsmoney that has been used to ​pay an expense or ​buy an ​asset. In double-entry ​bookkeeping this is done on the left-hand ​side (= the debit ​side) of the ​accounts.
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(Definition of debit from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “debit”
in Korean 인출액…
in Arabic دَين…
in Malaysian catatan akaun hutang…
in French débit…
in Russian дебет…
in Chinese (Traditional) 借項…
in Italian addebito…
in Turkish hesaptan çekilen para…
in Polish wypłata, debet…
in Spanish débito…
in Vietnamese sự ghi nợ…
in Portuguese débito…
in Thai รายการของเงินที่ถูกหักจากบัญชี…
in German die Belastung…
in Catalan càrrec, dèbit…
in Japanese (お金の)引落とし…
in Chinese (Simplified) 借项, 借记…
in Indonesian debet…
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“debit” in British English

“debit” in American English

“debit” in Business English

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