- that which is entered in an account as a debt; a recorded item of debt.
- any entry or the total shown on the debit side.
- the left-hand side of an account on which such entries are made (opposed to credit).
verb (used with object)
Origin of debit
Examples from the Web for debiting
He enters the check in the general cash book, debiting private ledger and crediting cash or bank.
British Dictionary definitions for debiting
- acknowledgment of a sum owing by entry on the left side of an account
- the left side of an account
- an entry on this side
- the total of such entries
- (as modifier)a debit balance Compare credit (def. 10)
verb -its, -iting or -ited
- to record (an item) as a debit in an account
- to charge (a person or his account) with a debtCompare credit (def. 17)
Word Origin for debit
Word Origin and History for debiting
mid-15c., from Middle French debet or directly from Latin debitum "thing owed, that which is owing," neuter past participle of debere "to owe" (see debt). As a verb from 1680s. Debit card is attested from 1975.