Debit ( noun , verb )

(As a noun)

Debit ( noun )

1. An entry recording a sum of money that is owing and that is to be debited to a particular account.
2. A sum of money that is owing and that is debited to an account.

Origin:

Late middle english: from old french debit, from latin debitum "something owed", past participle of debere "owe".

Examples:

1. He made a debit of $100 on his account.
2. The company incurred a debit of $1000 in the last month.
3. The debit entry in the bank statement shows how much money is owing.
4. The debit balance on the account is $500.
5. He has a debit of $200 on his credit card.

(As a verb)

Debit ( verb )

1. An entry recording a sum of money that is owing and that is to be debited to a particular account.
2. A sum of money that is owing and that is debited to an account.

Origin:

Late middle english: from old french debit, from latin debitum "something owed", past participle of debere "owe".

Examples:

1. He made a debit of $100 on his account.
2. The company incurred a debit of $1000 in the last month.
3. The debit entry in the bank statement shows how much money is owing.
4. The debit balance on the account is $500.
5. He has a debit of $200 on his credit card.