What is the meaning of Debit?
In bookkeeping, an entry in the left hand column of an account.
A sum of money taken out of a bank account. Thus called, because in bank's bookkeeping a cash withdrawal diminishes the amount of money held on the account, i.e. bank's debt to the customer.
To make an entry on the debit side of an account.
To record a receivable in the bookkeeping.
of or relating to process of taking money from an account
of or relating to the debit card function of a debit card rather than its often available credit card function (Can we add an example for this sense?)
flow: the movement of a fluid
- in bookkeeping, an entry in the left hand column of an account
- a sum of money taken out of a bank account. Thus called, because in bank's bookkeeping a cash withdrawal diminishes the amount of money held on the account, i.e. bank's debt to the customer
in bookkeeping, an entry in the left hand column of an account
a sum of money taken out of a bank account. Thus called, because in bank's bookkeeping a cash withdrawal diminishes the amount of money held on the account, i.e. bank's debt to the customer
receivable: a debt owed, usually to a business, from the perspective of that business
Source: wiktionary.orgSearch words containing