Meaning of debit | Babel Free

Definitions

1. In bookkeeping, an entry in the left hand column of an account.
   countable, uncountable
2. charge, burden
3. position, post
4. 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.
   countable, uncountable
5. charge
6. higher-up

Equivalents

Examples

“A cash sale is recorded as debit on the cash account and as credit on the sales account.”

CEFR level