Debit

Related Terms:

debiting debited debits unbalanced debt account debitable debitor receivable bank account dr bookkeeping double entry credit debit card balance daylight overdraft debenture accounts payable money balance books reconcile charge expense cost

Definitions:

Noun

debit debit entry

Definition: an accounting entry acknowledging sums that are owing

Definition: In bookkeeping, an entry in the left hand column of an account.

Verb

debit

Definition: enter as debit

Definition: To make an entry on the debit side of an account.

Adjective

Definition: of or relating to process of taking money from an account

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