- 1a written note in a bank account or other financial record of a sum of money owed or spent on the debit side of an account (figurative) On the debit side (= a negative result will be that) the new shopping centre will increase traffic problems. See related entries: Banking
- 2a sum of money taken from a bank account The total debits on the account were £2 000 last month. See related entries: Banking opposite credit see also direct debit Word Originlate Middle English (in the sense ‘debt’): from French débit, from Latin debitum ‘something owed’, past participle of debere ‘owe’. The verb sense dates from the 17th cent.; the current noun sense from the late 18th cent. Wordfinderbankaccount, balance, bank, credit, debit, deposit, interest, loan, statement, withdrawal
Check pronunciation: debit
