debit
Ledger's red ink
Debit is a charge against an account—money withdrawn or owed.
In accounting, debits record what goes out or what's owed, balancing against credits.
A debit card draws directly from a bank account rather than borrowing: The charge appeared as a debit on my statement.
To debit an account is to subtract from it.
Financial record book
- journalRecord of daily events
- entryAccess or submission
- bookkeepingRecording financial transactions systematically
- double-entryAccounting with paired entries
credit · posting · balance · reconciliation · accrual · adjustment · voucher · audit
Act of taking away
- ATMAutomated banking kiosk
- cashpointMachine dispensing bank funds
- checkingAct of verification
- savingsAccumulated money kept
account · balance · transaction · overdraft · funds · outflow · statement · transfer
Yet to be paid
- payableDue for settlement
- outstandingExceptionally good or unpaid
- arrearsOverdue financial obligations
- deficitAmount still owed
due · creditor · receivable · balance · unpaid · settlement · obligation · encumbrance
ledger
Financial record book
- journalRecord of daily events
- entryAccess or submission
- bookkeepingRecording financial transactions systematically
double-entry · credit · posting · balance · reconciliation · accrual · adjustment · voucher · audit · accounts
withdrawal
Act of taking away
savings · account · balance · transaction · overdraft · funds · outflow · statement · transfer · automatic
owing
Yet to be paid
- payableDue for settlement
- outstandingExceptionally good or unpaid
- arrearsOverdue financial obligations
deficit · due · creditor · receivable · balance · unpaid · settlement · obligation · encumbrance · charge
swipe
Quick sliding motion
- chipSmall broken-off piece
- PINAuthentication number sequence
- contactlessRequiring no physical touch
tap · terminal · merchant · purchase · checkout · cashback · visa · reader · decline · authorize
- shoppingbuying, shopping cart, shop, purchases, sale
- payment obligationspayment, obligation, repayment, installment, payment terms
- financesmoney, affluence, cash, bankrupt, income
- bankingbank, banks, ATM, ATMs, account
- financebank, CFO, banks, controller, finance
- financial termswealth, asset, currency, balance sheet, audit
debitcredit
Recognition or payment deferral
accounts receivable · deposit · crediting · inflow · credit transaction
debitcredit
Recognition or payment deferral
deposit · refund · reimbursement · addition
- in debtOwing money owed
- debit cardPayment from checking account
- credit card debtMoney owed on plastic
- debt collectorOne who pursues repayment
- student debtBorrowed tuition funds owed
- debt of gratitude
debt, debts, indebted, debit card, indebtedness, debtors, debited, debits, debenture