DEBIT


Meaning of DEBIT in English

I. ˈdebə̇t, usu -ə̇d.+V noun

( -s )

Usage: often attributive

Etymology: Latin debitum debt — more at debt

1.

a. : an entry on the left-hand side of an account constituting an addition to an expense or asset account or a deduction from a revenue, net worth, or liability account

b. : any one of the items on the left-hand side of an account ; also : the sum of these items — opposed to credit ; abbr. dr

c. : a charge against a bank deposit account

2. : something regarded as disadvantageous or unfavorable

against these successes by the administration there are on the debit side a number of serious failures

3. : an area to which an insurance agent is assigned for the purpose of collecting premiums from the policyholders

Synonyms: see debt

II. transitive verb

( -ed/-ing/-s )

: to enter upon the left-hand side of an account : charge to the debit of

debit a creditor's account

— opposed to credit

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.