debit
Pronunciation: [ˈdɛbɪt]
Word
Context: "finance"
(noun) a debit is an amount of money taken out of a bank account. It's like when you buy something and the money is subtracted from your balance.
Example
I saw a debit for my new shoes on my bank statement.
Example
There was no debit for my lunch because I paid with cash.
Example
Can you tell me what the debit was for this month?
Context: "finance"
(verb) to debit means to take money out of someone's account. It's what happens when you buy something using your card.
Example
They will debit my account for the subscription fee tomorrow.
Example
They didn't debit my account last month, so I have extra money.
Example
When do they debit my card for the payment?
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