debit entry
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debit entry — An accounting transaction under *double entry bookkeeping that increases *assets and *expenses, or reduces liabilities, *revenues, and *equity A debit entry has a corresponding *credit entry (or credit entries) of equal value … Auditor's dictionary
debit entry — noun an accounting entry acknowledging sums that are owing • Syn: ↑debit • Ant: ↑credit (for: ↑debit) • Derivationally related forms: ↑debit (for: ↑ … Useful english dictionary
debit entry — / debɪt ˌentri/ noun an entry on the debit side of an account … Marketing dictionary in english
debit entry — / debɪt ˌentri/ noun an entry on the debit side of an account … Dictionary of banking and finance
debit entry — An entry made in double entry book keeping on the left hand side of an account. It records either an increase in an asset or expense or a decrease in a liability, revenue, or equity item. For example, cash paid into the bank from a debtor will… … Accounting dictionary
debit — I noun amount due, amount payable, arrears, bills, commitment, debt, deferred payment, expensum, indebtedness, liability, obligation, pecuniary due, sum owing, that which is owed associated concepts: debit agent, debit and credit system, debit… … Law dictionary
Debit — Deb it, n. [L. debitum what is due, debt, from debere to owe: cf. F. d[ e]bit. See {Debt}.] A debt; an entry on the debtor (Dr.) side of an account; mostly used adjectively; as, the debit side of an account. [1913 Webster] … The Collaborative International Dictionary of English
debit — [deb′it] n. [LME & OFr debite < L debitum, what is owing, debt; neut. pp. of debere: see DEBT] 1. Accounting a) the left hand side of an account, where entries are made showing an increase in assets, a decrease in liabilities, etc. b) such an… … English World dictionary
debit — ► NOUN 1) an entry in an account recording a sum owed. 2) a payment made or owed. ► VERB (debited, debiting) ▪ (of a bank) remove (money) from a customer s account. ORIGIN French, from Latin debitum something owed … English terms dictionary
debit — To debit is to place an entry on the left hand side of an account. A debit in a liability account makes it smaller. A debit in an asset account makes it larger. Glossary of Business Terms An expense, or money paid out from an account. A debit… … Financial and business terms
Debit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl … Wikipedia
