debit - definition and synonyms

verb [transitive] 

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/ˈdebɪt/
present tense
I/you/we/theydebit
he/she/itdebits
present participledebiting
past tensedebited
past participledebited
  1. 1
    if a bank debits your account, it takes money out of it for a particular purpose
  2. 2
    to show that an amount of money is owed by recording it in a company’s accounts or on a bank statement