debit (Meaning)
debit (n)
an accounting entry acknowledging sums that are owing
debit (v)
enter as debit
debit (n.)
A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account.
debit (v. t.)
To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold.
To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.
Synonyms & Antonyms of debit
Synonyms:
Antonyms:
- start
- superiority
- aid
- ascendancy
- supremacy
- supremacy
- assistance
- jump
- mastery
- opportunity
- privilege
- vantage
- transcendence
- vantage
- upper hand
- jump
- aid
- lead
- prerogative
- command
- head start
- privilege
- start
- drop
- predominance
- superiority
- ascendancy
- predominance
- lead
- transcendence
- prerogative
- opportunity
- command
- assistance
- mastery
- upper hand
- ascendency
- ascendency
- head start
- drop
FAQs About the word debit
an accounting entry acknowledging sums that are owing, enter as debitA debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, th
disadvantage, minus, liability, handicap, incommodity,negative, disability, strike, downside, shortcoming
edge, margin, edge, asset, margin, control,asset, advantage, plus, control
I used my debit card to pay for groceries at the store.
The company recorded the transaction as a debit to the cash account.
When you use your debit card, the amount is immediately debited from your checking account.
Please remember to debit the expense account for the cost of the supplies.