The definition of a debit is a payment made, or a payment owed.(noun)
When money is taken out of your checking account to make a payment, this is an example of a debit.
Debit is defined as the act of taking money out of a bank account.(verb)
When you withdraw $100 from your bank account, this is an example of a situation where the bank debits your account.
See debit in Webster's New World College Dictionary
Origin: LME & OFr debite < L debitum, what is owing, debt; neut. pp. of debere: see debt
See debit in American Heritage Dictionary 4
Origin: Middle English debite
Origin: , from Latin dēbitum, debt; see debt.
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