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| deb·it [ débbit ] |
noun (plural deb·its) |
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| Definition: |
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1. recorded debt or expense: an entry showing a debt or expense in a record of accounts
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2. sum of money deducted: an amount of money taken out of an account
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3. total of debts or expenses: the total of individual debit entries in an account
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4. column for recording debts or expenses: a column on the left of an accounting statement where debts and expenses are recorded
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5. drawback: something that is disadvantageous or unfavorable
  The pay's better, but on the debit side there's a lot more work to do.
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transitive verb (past and past participle deb·it·ed, present participle deb·it·ing, 3rd person present singular deb·its) |
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| Definition: |
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1. record debit: to make, enter, or record a debit in an account
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2. charge somebody money: to remove a sum of money from somebody's account in payment for something
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| [15th century. < Latin debitum (see debt)] |
