debit
n. countablen. an amount of money that goes out of your bank account. You see this on your bank statement when you pay for something or move money to another account.
n. an entry recording a sum owed or withdrawn, appearing on the left-hand side of a ledger or bank statement. Frequently contrasted with a credit, which represents money coming in.
The gym membership appears as a monthly debit on my statement.
I noticed an unfamiliar debit of fifty dollars on my account and immediately called the bank to report it.
In double-entry bookkeeping, every debit recorded in one account must be balanced by a corresponding credit in another to ensure the accounting equation remains in equilibrium.
Borrowed from Middle French debet, from Latin debitum (“what is owed, a debt”), neuter of debitus, past participle of debere (“to owe”); Doublet of debt.
Often used in the phrase 'direct debit' to describe automated recurring payments.
I made a debit to my accountA debit was made from my accountMoney is debited 'from' an account; learners often use 'to' because they confuse it with the direction of a deposit.