debit
de
ˈdɛ
de
bit
bɪt
bit
/dˈɛbɪt/

Definition & Meaning of "debit"in English

Debit
01

an entry indicating an increase in assets or an expense, and a decrease in debts or income

Examples
The accountant recorded the purchase as a debit.
to debit
01

to record an amount on the debit side of an account in bookkeeping or accounting

Examples
The accountant debited the expense to the correct account.
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