answersLogoWhite

0

No. It is a noun or verb.

A "debit" is a deduction from a liabilities balance, related to the noun "debt." In accounting it is an increase in assets and a decrease in liabilities, the opposite of a credit (given). Used as a verb it means to list or incur a debt. It is used as a noun adjunct, e.g. debit card, debit entry.

User Avatar

Wiki User

11y ago

What else can I help you with?