debit

/หˆdษ›b.ษชt/
noun
  1. 1

    In bookkeeping, an entry in the left hand column of an account.

    โ€œA cash sale is recorded as debit on the cash account and as credit on the sales account.โ€

  2. 2

    A sum of money taken out of a bank account. Thus called, because in bank's bookkeeping a cash withdrawal diminishes the amount of money held on the account, i.e. bank's debt to the customer.

verb
  1. 1

    To make an entry on the debit side of an account.

  2. 2

    To record a receivable in the bookkeeping.

    โ€œWe shall debit the amount of your purchase to your account.โ€

adjective
  1. 1

    Of or relating to process of taking money from an account

  2. 2

    Of or relating to the debit card function of a debit card rather than its often available credit card function

Antonyms

Source: https://en.wiktionary.org/wiki/debit