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debit |
Also found in: Legal, Financial, Encyclopedia | 0.04 sec. |
debit Noun 1. the money, or a record of the money, withdrawn from a person's bank account 2. Accounting a. acknowledgment of a sum owing by entry on the left side of an account b. an entry or the total of entries on this side Verb [-iting, -ited] 1. to charge (an account) with a debt: they had debited our account 2. Accounting to record (an item) as a debit in an account [Latin debitum debt]
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