debit
noun/ˈdebɪt/
/ˈdebɪt/
- a written note in a bank account or other financial record of a sum of money owed or spent
- on the debit side of an account
- (figurative) On the debit side (= a negative result will be that) the new shopping centre will increase traffic problems.
- a sum of money taken from a bank account
- The total debits on the account were £2 000 last month.
opposite credit see also direct debit
Word Originlate Middle English (in the sense ‘debt’): from French débit, from Latin debitum ‘something owed’, past participle of debere ‘owe’. The verb sense dates from the 17th cent.; the current noun sense from the late 18th cent.
Check pronunciation:
debit