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debit

 
Dictionary: deb·it   (dĕb'ĭt) pronunciation
 
n.
  1. Accounting.
    1. An item of debt as recorded in an account.
    2. The left-hand side of an account or accounting ledger where bookkeeping entries are made.
    3. An entry of a sum in the left-hand side of an account.
    4. The sum of such entries.
  2. A drawback; a detriment.
tr.v., -it·ed, -it·ing, -its.
  1. To enter (a sum) on the left-hand side of an account or accounting ledger.
  2. To charge with a debit: The bank debited my account for the overdrawn check.

[Middle English debite, from Latin dēbitum, debt. See debt.]


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A monetary amount that is subtracted from an account balance. A debit from one account is a credit to another. See credit.

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An accounting entry which results in either an increase in assets or a decrease in liabilities on a company's balance sheet or in your bank account.

Investopedia Says:
The opposite transaction is called a credit.

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Accounting: entries on the left side of the General Ledger. Debits include the acquisition cost of assets and amounts of deductible expenses.

Real estate: in a Closing Statement, item that is charged to a party. For example, the buyer is charged with these typical debits: purchase price, taxes prepaid by the seller, and deed recording fees. Debits charged to the seller include cost to retire the existing mortgage principal, accrued interest on the mortgage being relieved, and a termite inspection fee. See also Credit.

 

1. In a Closing Statement (settlement), an item that is charged to a party. Contrast with Credit.
Example: The buyer is charged with these typical debits:

• purchase price

• taxes prepaid by seller

• deed recording fees

The seller is charged with these typical debits:

• cost to Retire existing mortgage principal

Accrued Interest on mortgage being relieved

Termite Inspection fee

2. In accounting, entries on the left side of the general ledger. Contrast with Credit.
Example: Debits include:

• acquisition cost of Assets

• amounts of deductible expenses

 
Law Encyclopedia: Debit
Top
This entry contains information applicable to United States law only.

A sum charged as due or owing. An entry made on the asset side of a ledger or account. The term is used in bookkeeping to denote the left side of the ledger, or the charging of a person or an account with all that is supplied to or paid out for that person or for the subject of the account. Also, the balance of an account where it is shown that something remains due to the party keeping the account.

As a noun, an entry on the left-hand side of an account. As a verb, to make an entry on the left-hand side of an account. A term used in accounting or bookkeeping that results in an increase to an asset and an expense account and a decrease to a liability, revenue, or owner's equity account.

 
Translations: Debit
Top

Dansk (Danish)
n. - debet, gæld, debetkonto, gældspost
v. tr. - debitere

idioms:

  • debit notice    gældsmeddelelse
  • debit side    debetside

Nederlands (Dutch)
debiteren/afboeken, debetsaldo/-post/ -zijde, afschrijving

Français (French)
n. - (Comm) débit
v. tr. - débiter qn (d'une somme), porter (une somme) au débit de qn

idioms:

  • debit note    note de débit
  • debit side    au débit, (fig) parmi les points négatifs

Deutsch (German)
v. - debitieren, belasten
n. - Belastung, Soll(wert)

idioms:

  • debit note    Lastschriftanzeige
  • debit side    Debet

Ελληνική (Greek)
v. - (οικον.) χρεώνω, φέρω εις χρέωσιν, (μτφ.) χρεώνω, καταλογίζω
n. - (οικον.) δούναι, παθητικό, χρεωστική εγγραφή, χρέωση, οφειλή

idioms:

  • debit notice    χρεωστικό σημείωμα
  • debit side    (οικον., μτφ.) χρεωστική μερίδα (λογαριασμού κ.λπ.)

Italiano (Italian)
addebitare, addebito, debito

Português (Portuguese)
v. - debitar
n. - débito (m)

idioms:

  • debit notice    aviso (m) de débito
  • debit side    coluna (f) de débito

Русский (Russian)
вносить в дебет, дебет

idioms:

  • debit notice    дебетовое авизо
  • debit side    дебетовая сторона, недостаток

Español (Spanish)
n. - débito, debe, pasivo, característica indeseable
v. tr. - cargar en cuenta, debitar

idioms:

  • debit note    nota de débito
  • debit side    debe

Svenska (Swedish)
v. - debitera
n. - debit

中文(简体)(Chinese (Simplified))
借方, 借, 记入借方

idioms:

  • debit notice    借方通知单
  • debit side    借方方面

中文(繁體)(Chinese (Traditional))
n. - 借方, 借
v. tr. - 記入借方

idioms:

  • debit notice    借方通知單
  • debit side    借方方面

한국어 (Korean)
n. - 차변
v. tr. - 차변에 기입하다

日本語 (Japanese)
n. - 借方, 借方記入, 不都合
v. - 借方に記入する

idioms:

  • debit notice    借金通知
  • debit side    (商業)借方

العربيه (Arabic)
‏(فعل) يقيد دينا (الاسم) المدين, الدين, المبلغ المطلوب منه‏

עברית (Hebrew)
n. - ‮חיוב, צד החובה של חשבון-בנק, רישום בצד החובה של חשבון-בנק‬
v. tr. - ‮זקף לחובת-, חייב‬


 
 

 

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