debit
noun
the recording or an entry of debt in an account.
debited
-
past participleof debit.past participle
A verb form used in perfect and passive verb constructions and that can also function as a modifier.
-
past tense formof debit.past tense
Used to describe completed actions or previous habitual actions.
debitnounthe recording or an entry of debt in an account.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
In order to operate this way, fintech companies often need a middleman between the fintech company and the bank that can do the bookkeeping necessary to make sure customer accounts are credited and debited correctly.
From Seattle Times ● May 22, 2024
Similar protection services are offered for ACH or transactions that are debited directly from a business bank account.
From New York Times ● Jan. 7, 2024
Instead, motorists already in possession of the device can expect to have their toll debited automatically from an account without incurring an $8 processing fee tacked on to the total.
From Los Angeles Times ● Jun. 23, 2023
This will ensure that the appropriate funds are debited or credited from your account when you pay for a purchase or receive compensation from work.
From Encyclopedia.com ● Feb. 5, 2018
Ordinarily, what is debited on one man's account is credited on another's, the cash received nearly balancing that paid out.
From Banking by William A. Scott
