DEBIT
What does "DEBIT" mean?
An entry recording a sum owed or a withdrawal of money from an account.
Meanings
- A record of money taken out of an account or owed by a person. The monthly debit for the gym fee left her balance lower than expected.
- In double-entry bookkeeping, an entry on the left side that increases assets or expenses. He logged the new equipment as a debit to the asset account. technical
- To charge a sum against an account; to record as owed. The bank will debit your account on the first of each month.
Word origin
From Latin 'debitum' 'something owed', the past participle of 'debere' 'to owe'; the same root gives us 'debt' and 'due'.
Remember it
DEBIT shares its first three letters with DEBT - both come from the Latin for 'owed', and a debit takes money out.
A little poem
A credit lifts what a debit takes-
the ledger balances, whatever breaks.
couplet
Wordplay
- I told the accountant I was feeling down. He said it sounded like a debit problem - everything's been on the left side lately.
What it teaches
Every debit somewhere is a credit elsewhere - what leaves one column rarely vanishes, it only moves.
Quick facts
What does DEBIT mean?
An entry recording a sum owed or a withdrawal of money from an account.
Is DEBIT a valid word?
Yes — DEBIT is one of the answer words in Wordul, the daily word game.
How many letters is DEBIT?
DEBIT has 5 letters and 2 syllables.
Where does DEBIT come from?
From Latin 'debitum' 'something owed', the past participle of 'debere' 'to owe'; the same root gives us 'debt' and 'due'.
What can DEBIT teach us?
Every debit somewhere is a credit elsewhere - what leaves one column rarely vanishes, it only moves.
How players do
Be the first to solve it.