Word info Synonyms Antonyms

debit

Speech parts

1. debit - Noun

2. debit - Adjective

3. debit - Verb

Meaning

A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account.

To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold.

To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.

Source: Webster's dictionary

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Examples

A feature of a debit card is that an eftpos transaction will only be accepted if there is an available credit balance in the bank cheque or savings account linked to the card. Source: Internet

A debit balance account in a series of credit balances will have brackets and vice versa. Source: Internet

Apart from flat discounts, Flipkart's Big Saving Days sale is also offering 10 percent instant discount to ICICI Bank credit card users and Citibank debit and credit card users. Source: Internet

Another condition introduced in the last decade is to insist on a certain number of direct debit mandates to form part of the current account. Source: Internet

Almost all business and stores in Poland accept debit and credit cards. Source: Internet

“After recently joining Visa’s Fast Track program, we were able to quickly put our co-branded debit card into market in the United States,” said Will Reeves, chief executive officer, Fold. Source: Internet

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