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[ UK /dˈɛbɪt/ ]
[ US /ˈdɛbɪt/ ]
VERB
  1. enter as debit
NOUN
  1. an accounting entry acknowledging sums that are owing

How To Use debit In A Sentence

  • There was a reason for this: unbeknown to the Reserve Bank, the major banks were working secretly and cooperatively to develop an alternative payment system that would substitute for direct debits.
  • One account is debited for the amount involved in any transaction and another account is credited.
  • Insist that they send you a comprehensive list of all your direct debits and standing orders as soon as possible.
  • These accounts were debited for the expenses, with the corresponding credit to the cash account.
  • Alternatively, the page was divided into two columns for recording debits and credits.
  • The Bank dishonoured a number of cheques drawn by its client and sent a fax contending that his debit balance was in excess of his facility.
  • Betting on the day is only through credit or deposit accounts, or by debit card.
  • The technology is similar to contactless credit or debit cards. The Sun
  • Merchants that accept debit cards "are substantially harmed" by the Fed's "misconstruction" of the Dodd-Frank law's provision limiting debit card fees, the plaintiffs said in the lawsuit. Retailers Sue Fed Over Debit-Card Fee Rule
  • He should set up a monthly direct debit of an amount that he is happy to pay and add ad hoc single premiums. Times, Sunday Times
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