American English

Definition of debit verb from the Oxford Advanced American Dictionary



    debit somethingVerb Forms present simple I / you / we / they debit
    he / she / it debits
    past simple debited
    -ing form debiting
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  1. 1when a bank debits an account, it takes money from it The money will be debited from your account each month. opposite credit
  2. 2 The bank will debit your account with any withdrawals made using your ATM card.
See the Oxford Advanced Learner's Dictionary entry: debit

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