Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun An item of debt as recorded in an account.
- noun The left-hand side of an account or accounting ledger where bookkeeping entries are made.
- noun An entry of a sum in the left-hand side of an account.
- noun The sum of such entries.
- transitive verb To enter (a sum) on the left-hand side of an account or accounting ledger.
- transitive verb To charge with a debit.
from The Century Dictionary.
- noun That which is entered in an account as a debt; a recorded item of debt: as, the debits exceed the credits.
- noun That part of another's account in which one enters any article of goods furnished or money paid to or on account of that other: as, place that to my debit.
- To charge with as a debt: as, to
debit a purchaser the amount of goods sold. - To enter on the debtor side of a book: as, to
debit the sum or amount of goods sold.
from the GNU version of the Collaborative International Dictionary of English.
- noun A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively.
- transitive verb To charge with debt; -- the opposite of, and correlative to,
credit . - transitive verb (Bookkeeping) To enter on the debtor (Dr.) side of an account.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun In
bookkeeping , an entry in the left hand column of anaccount to record adebt . - noun A sum of
money taken out of an account. - verb To make an entry on the debit side of an account.
- verb To remove a sum of money from an account as a payment.
- adjective of or relating to process of taking money from an account
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun an accounting entry acknowledging sums that are owing
- verb enter as debit
Etymologies
from The American Heritage® Dictionary of the English Language, 4th Edition
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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Meanwhile, Citigroup began charging 3% of the transaction for certain debit card purchases and ATM withdrawals made outside the U.S. last year, up from 2% — and in line with the company's fees for foreign credit card transactions.
Banks find ways to boost fees; checking accounts latest target 2009
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Visa, which has a larger market share in debit cards, benefits more from their usage for expenses including groceries and gasoline.
Visa Earnings Rise 51% John Kell 2010
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The abandoning of conservative ideals under President Bush — debit is wealth, up is down, black is white — and his failure to locate a successor has left the party morally and politically adrift.
Waldo Jaquith - Poll: Americans reject the Republican Party. 2007
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I think the debit is what I now have, requires a PIN and cannot be used as a credit card, but I could have it backwards.
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Volunteers handed out as much as $2 million each in debit cards per day.
Being of service... 2005
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Volunteers handed out as much as $2 million each in debit cards per day.
Wanderlustress: 2005
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The functionality is like a private label debit card, or from another perspective a loyalty card.
Mindark, I’m sorry… 2006
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Cash Store Financial also provides a private-label debit card (the Freedom card) and a prepaid credit card (the Freedom MasterCard) as well as other financial services, including bank accounts.
unknown title 2011
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Cash Store Financial also provides a private-label debit card (the Freedom card) and a prepaid credit card (the Freedom MasterCard) as well as other financial services.
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Woolworths announced on Thursday the change, which will affect scheme debit cards issued by banks and credit unions that feature either the Visa or MasterCard logo as well as the word debit to differentiate them from credit cards.
TradingMarkets 2010
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