Definitions

1. noun

a subtraction from or reduction in a bank account or other financial account

“The debit on her credit card was due to an unauthorized transaction.”

2. verb

to reduce or subtract from a bank account or other financial account

“She debited the amount from her savings account to cover the expense.”

3. noun

an entry on the left side of an accounting ledger, representing an expense or reduction

“The company’s accountant carefully recorded each debit in the company’s ledger.”