debits
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English
Etymology
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Pronunciation
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Noun
debits noun
- In bookkeeping, an entry in the left hand column of an account.“A cash sale is recorded as debit on the cash account and as credit on the sales account.”
- A sum of money taken out of a bank account. Thus called, because in bank's bookkeeping a cash withdrawal diminishes the amount of money held on the account, i.e. bank's debt to the customer.
Verb
debits verb
- To make an entry on the debit side of an account.
- To record a receivable in the bookkeeping.“We shall debit the amount of your purchase to your account.”
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Synonyms
debit entrychargescountsdebtsdeficienciesdischargedischargesflowflowsfluxesfreightersleviesliabilitieslicensedloadoffices
Rhymes
Usage & collocations
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Usage in the wild
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