The meaning of Debits
Debits – definition
nounAn entry recording a sum owed, listed on the left-hand side or column of an account.
Usage examples:
A double-entry system of bookkeeping, where each debit has a corresponding credit entry
verb(of a bank or other financial organization) remove (an amount of money) from a customer's account.
Usage examples:
$10,000 was debited from their account
nounMoney taken out of a financial account, or a record of money taken
Usage examples:
We have debited your account $30.
nounAn amount of money that is taken out of a bank account, etc.
Usage examples:
Once your contract with them ends, the company should no longer take monthly debits from your accou…
Debits translation into English
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Word origin
late Middle English (in the sense ‘debt’): from French débit, from Latin debitum ‘something owed’ (see debt). The verb sense dates from the 17th century; the current noun sense from the late
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