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:
- upper hand
- head start
- upper hand
- ascendancy
- predominance
- command
- ascendancy
- vantage
- aid
- drop
- mastery
- privilege
- aid
- lead
- head start
- privilege
- supremacy
- transcendence
- transcendence
- opportunity
- command
- assistance
- vantage
- start
- opportunity
- mastery
- jump
- ascendency
- lead
- start
- prerogative
- assistance
- supremacy
- prerogative
- ascendency
- jump
- superiority
- superiority
- drop
- predominance
debit Sentence Examples
- 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.
- The bank mistakenly debited my account twice for the same transaction.
- You can avoid debt by paying with cash or using a debit card instead of a credit card.
- The store debited the wrong amount from my account, causing a financial inconvenience.
- It's essential to monitor your bank statements regularly to ensure that unauthorized debits don't occur.
- She decided to debit her travel expenses to her personal account rather than the company account.
- The accounting software automatically debits the appropriate accounts for each transaction entered.
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
liability, handicap, minus,disadvantage, incommodity, strike, disbenefit, disability, shortcoming,negative
asset, edge, edge, plus,asset, margin, margin, advantage, plus, advantage
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.
