The meaning of DEBIT is to enter upon the debit side of an account : charge with a debit. How to use debit in a sentence.
fromWiktionary, Creative Commons Attribution/Share-Alike License. nounInbookkeeping, an entry in the left hand column of anaccountto record adebt. nounA sum ofmoneytaken out of an account. verbTo make an entry on the debit side of an account. ...
The meaning of DEBIT is to enter upon the debit side of an account : charge with a debit. How to use debit in a sentence.
The store debited her account for the purchase. to charge as a debt: The store debited the purchase to her account. Bookkeeping.to enter upon the debit side of an account. Discover More Other Words From pre·deb itnoun verb (used with object) ...
debit account meaning, definition, what is debit account: an account with a store or business whic...: Learn more.
For example, every accounting entry will have a debit entered on the left side of a general ledger account. (There will also need to be a credit amount entered on the right side of another account.) The abbreviation for debit is dr. (which is also related to the term from 500 years ...
DEBIT,accounts,commerce.Atermusedinbookkeeping,toexpresstheleft- handpageoftheledger,towhicharecarriedallthearticlessuppliedorpaidonthesubjectof anaccount,orthatarechargedtothataccount.Italsosignifiesthebalanceof anaccount. ALawDictionary,AdaptedtotheConstitutionandLawsoftheUnitedStates.ByJohnBouvier.Published185...
From the Latindebere, meaning “to owe,” and just oneiaway from its more blunt cousindebt, adebitseems like a little word. But add ansto the end, and those charges really add up. You can use the worddebitas a verb —“to debit your account,” or a noun —“the debit on your...
side of an account; as, to debit the amount of goods sold. Meaning of Debit from wikipedia - Debits and credits in double-entry bookkeeping are entries made in account ledgers to record changes in value resulting from business transactions. A debit...- A debit card, also known as a ...
, from Old French calculer. The meaning "to plan, devise" is attested accountc. 1300, "counting," especially "reckoning of money received and paid, detailed statement of funds owed or spent or property held," from Old French acont "(financial) account, reckoning, terminal payment," from...