debit1 noundebit2 verb
debitdeb‧it1 /ˈdebɪt/ noun [countable] 
Word OriginWORD ORIGINdebit1
ExamplesOrigin:
1400-1500 Latin debitum ‘debt’; ➔ DEBTEXAMPLES FROM THE CORPUS
word sets- Direct debits or standing orders are liable to make money disappear from your account stealthily, which may be very confusing.
- Direct debits, standing orders and debit-card payments are cleared entirely by computer.
- Every debit must have a corresponding credit and vice-versa.
- From the national viewpoint there are some credits and one massive debit.
- It's simple to do this now by filling in the direct debit and covenant on the back of the donation form.
- On the debit side, he frustratingly falls short of any overarching analysis.
- Page 33 Switch applications: Barclays and Lloyds banks have applied to join the Switch debit card network.
WORD SETS► Banking
Collocationsacceptor, nounA/D, after date, adverbagio, nounAPACS, ARM, Asian Development Bank, nounATM, nounaval, nounbalance, nounbank, nounbank, verbbank account, nounbank balance, nounbankbook, nounbank card, nounbank draft, nounbanker, nounbanker's card, nounbanker's order, nounbank manager, nounbank mandate, bank money, banknote, nounbank rate, nounBBA, nounb/e, blank cheque, nounBoard of Banking Supervision, nounB of E, bounce, verbbuilding society, nounC/A, cap and collar, nouncapital adequacy, nouncard, nouncardholder, nouncash account, cash against documents, nouncash card, nouncash dispenser, nouncashier, nouncash machine, nouncash management, Cashpoint, nouncash ratio, central bank, nouncertificate of deposit, nouncertificate of protest, nouncharge account, nouncharge card, nouncheckbook, nounchecking account, nounchequebook, nouncheque card, nounCHIPS, CIB, clear, verbclearance, nounclearer, nounclearing bank, nounclearing house, nounClearing House Automated Payment System, nounClearing House Interbank Payments System, nounclient account, CMO, co-manager, nounComptroller of the Currency, nounconfirmed irrevocable credit, credit, verbcredit analysis, credit appraisal, credit control, credit facility, credit rationing, nouncross, verbcrossed cheque, nouncurrent account, nouncustodial account, debit, noundebit, verbdebit card, noundebit note, noundemand account, denomination, noundeposit, noundeposit account, noundeposit certificate, depositor, noundepository institution, deposit protection fund, noundevelopment bank, direct debit, noundirect deposit, noundiscount loan, documentary credit, draft, noundraw, verbeffective rate, EFTPOS, nounendorsee, nounendorser, nounescrow account, Euribor, nounEurodollar, nounEuropean interbank offered rate, export credit, extended credit, face amount, Federal funds, fiduciary, nounfinance charge, financial institution, nounforeign currency account, funder, nounFX, giro, nounhole-in-the-wall, nounidle balance, institutional investment, Issue Department, nounissuer, nounlodgment, nounlong-term credit, loro account, medium-term credit, merchant bank, nounmoney market, nounmoney order, nounnegotiable, adjectivenon-negotiable, adjectivenostro account, note issuance facility, notice account, NOW account, numbered account, overdraft, nounoverfunding, nounoverlend, verbpassbook, nounpayee, nounpaying-in book, nounpaying-in slip, nounpersonal credit, personal identification number, nounPIN, nounpostdate, verbpublic account, R/D, rediscounting, nounreserves, nounrevolving credit, risk analysis, nounsafety-deposit box, nounsave, verbsaver, nounsavings account, nounsavings bank, nounsecured credit, seignorage, nounself-liquidating, adjectiveshort-term credit, smart card, nounstanding order, nounstub, nounsuspense account, Switch card, nounteller, noununsecured credit, vostro account, yield spread,
COLLOCATIONS FROM OTHER ENTRIES► a debit card
1technical a decrease in the amount of money in a bank account, for example because you have taken money out of it OPP credit → direct debit2technical a record in financial accounts that shows money that has been spent or that is owed OPP credit3on the debit side used to say that something is a disadvantage in a particular situation, especially after you have described the advantages: (also check card American English) (=one you use to pay for things directly from your account)· The store only accepts debit cards.
COLLOCATIONS FROM THE CORPUSADJECTIVE► direct· Payment of subscriptions by direct debit, either annually or quarterly, makes more efficient use of Association resources.· Forms to arrange direct debit payment are available on request.· It's simple to do this now by filling in the direct debit and covenant on the back of the donation form.· In many cases, higher rates apply for those holders who do not pay their accounts by direct debit.· Easy Payment Direct debit is by far the most convenient way to pay.· I instruct you to pay direct debits from my account at the request of Campaign for Real Ale Limited.· You get a cheque book, and can arrange direct debits and standing orders as you would through a normal bank.· Standing orders and direct debits - the easy way to pay gas, electricity and other bills and expenses.
NOUN► balance· The resultant figure is a net liability and so the minority interest is a debit balance.· In this situation, the calculation of minority interest gives rise to a debit balance in the balance sheet.
► card· Page 33 Switch applications: Barclays and Lloyds banks have applied to join the Switch debit card network.· A recent development with current accounts has been the introduction of debit cards.· Visa Delta is a debit card network linked with the Visa credit card network.· Yet Barclays and Lloyds have spent much time and energy privately rubbishing Switch, in efforts to promote their own debit cards.· Betting on the day is only through credit or deposit accounts, or by debit card.· Access would be by debit card, and the use of credit cards would diminish.
► side· On the debit side, he frustratingly falls short of any overarching analysis.· The implication of the latest moves are that humans have moved to the debit side and become liabilities.· It was one more item to be added to the debit side of Georgina's account.· On the debit side, Newfoundland gave up exclusive control of its offshore resources.· In fact this is a debit side to the food intake.
VERB► pay· I instruct you to pay direct debits from my account at the request of Campaign for Real Ale Limited.· Pay inside cash? Pay inside debit?· More than 6,000 members have their subscription paid by direct debit from their firm's account.· Customers can pay electronically using debit or credit card accounts.
Bikes are easy to park, but on the debit side they can be dangerous in traffic.debit1 noundebit2 verb
debitdebit2 verb [transitive] technical Verb TableVERB TABLE
debit
| Simple Form | ||
| Present | I, you, we, they | debit |
| he, she, it | debits | |
| Past | I, you, he, she, it, we, they | debited |
| Present perfect | I, you, we, they | have debited |
| he, she, it | has debited | |
| Past perfect | I, you, he, she, it, we, they | had debited |
| Future | I, you, he, she, it, we, they | will debit |
| Future perfect | I, you, he, she, it, we, they | will have debited |
| Continuous Form | ||
| Present | I | am debiting |
| he, she, it | is debiting | |
| you, we, they | are debiting | |
| Past | I, he, she, it | was debiting |
| you, we, they | were debiting | |
| Present perfect | I, you, we, they | have been debiting |
| he, she, it | has been debiting | |
| Past perfect | I, you, he, she, it, we, they | had been debiting |
| Future | I, you, he, she, it, we, they | will be debiting |
| Future perfect | I, you, he, she, it, we, they | will have been debiting |
EXAMPLES FROM OTHER DICTIONARIES
word sets- How can they debit my account without me signing anything?
- It shows that the customer has debited the seller's account with the value of the goods returned.
- Please authorise us to debit your account and, where possible, give a day-time telephone number in case of query.
- The amounts are variable and are to be debited annually.
- The appropriate fee should either accompany the application form, or will be debited to your firm's credit account where appropriate.
- The total sum is then debited to your Current Account.
- Under a Direct Debit, you authorise us to debit your Current Account with the cost when each bill is due.
- What I found particularly worrying was that the money was debited from the account without even informing me.
WORD SETS► Banking
Collocationsacceptor, nounA/D, after date, adverbagio, nounAPACS, ARM, Asian Development Bank, nounATM, nounaval, nounbalance, nounbank, nounbank, verbbank account, nounbank balance, nounbankbook, nounbank card, nounbank draft, nounbanker, nounbanker's card, nounbanker's order, nounbank manager, nounbank mandate, bank money, banknote, nounbank rate, nounBBA, nounb/e, blank cheque, nounBoard of Banking Supervision, nounB of E, bounce, verbbuilding society, nounC/A, cap and collar, nouncapital adequacy, nouncard, nouncardholder, nouncash account, cash against documents, nouncash card, nouncash dispenser, nouncashier, nouncash machine, nouncash management, Cashpoint, nouncash ratio, central bank, nouncertificate of deposit, nouncertificate of protest, nouncharge account, nouncharge card, nouncheckbook, nounchecking account, nounchequebook, nouncheque card, nounCHIPS, CIB, clear, verbclearance, nounclearer, nounclearing bank, nounclearing house, nounClearing House Automated Payment System, nounClearing House Interbank Payments System, nounclient account, CMO, co-manager, nounComptroller of the Currency, nounconfirmed irrevocable credit, credit, verbcredit analysis, credit appraisal, credit control, credit facility, credit rationing, nouncross, verbcrossed cheque, nouncurrent account, nouncustodial account, debit, noundebit, verbdebit card, noundebit note, noundemand account, denomination, noundeposit, noundeposit account, noundeposit certificate, depositor, noundepository institution, deposit protection fund, noundevelopment bank, direct debit, noundirect deposit, noundiscount loan, documentary credit, draft, noundraw, verbeffective rate, EFTPOS, nounendorsee, nounendorser, nounescrow account, Euribor, nounEurodollar, nounEuropean interbank offered rate, export credit, extended credit, face amount, Federal funds, fiduciary, nounfinance charge, financial institution, nounforeign currency account, funder, nounFX, giro, nounhole-in-the-wall, nounidle balance, institutional investment, Issue Department, nounissuer, nounlodgment, nounlong-term credit, loro account, medium-term credit, merchant bank, nounmoney market, nounmoney order, nounnegotiable, adjectivenon-negotiable, adjectivenostro account, note issuance facility, notice account, NOW account, numbered account, overdraft, nounoverfunding, nounoverlend, verbpassbook, nounpayee, nounpaying-in book, nounpaying-in slip, nounpersonal credit, personal identification number, nounPIN, nounpostdate, verbpublic account, R/D, rediscounting, nounreserves, nounrevolving credit, risk analysis, nounsafety-deposit box, nounsave, verbsaver, nounsavings account, nounsavings bank, nounsecured credit, seignorage, nounself-liquidating, adjectiveshort-term credit, smart card, nounstanding order, nounstub, nounsuspense account, Switch card, nounteller, noununsecured credit, vostro account, yield spread,
COLLOCATIONS FROM OTHER ENTRIES► a debit card
1to take money out of a bank account OPP creditdebit something from something (also check card American English) (=one you use to pay for things directly from your account)· The store only accepts debit cards.
The sum of £25 has been debited from your account.2to record in financial accounts the money that has been spent or that is oweddebit something against/to something Purchases are debited against the client’s account.