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Definitions

debit

[deb-it] / ˈdɛb ɪt /


Example Sentences

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If you do discover an unauthorized charge on your debit card, notifying your bank or credit union within two business days of noticing the fraud caps your maximum liability at $50.

From MarketWatch Jul. 30, 2026

I accepted the disappointment the moment I tapped my debit card: this was not a $16 sandwich.

From Salon Jul. 30, 2026

According to the Energy Saving Trust, the electricity unit rate under the July to September 2026 price cap is 26.11p per kWh for direct debit customers.

From Science Daily Jul. 29, 2026

This "poverty premium" rises to over £600 in the worst affected areas of the capital, driven by factors such as a higher reliance on high-interest credit and increased costs for non-direct debit billing.

From BBC Jul. 12, 2026

I pull out my debit card and wave it at him.

From "Wintergirls" by Laurie Halse Anderson

Behind the scenes, the service will then automatically transfer direct debits and standing orders, move the balance, redirect incoming payments, such as benefits or salaries, and close your old account.

From BBC Jul. 12, 2026

It may also involve traditional accounting activities, such as tracking payments in a general ledger, involving debits and credits and double-entry accounting, as well as accounts payable activities of making payments.

From The Wall Street Journal Feb. 3, 2026

The ledger of Newman’s youth had mostly debits for the future painter.

From The Wall Street Journal Dec. 26, 2025

They urged backers to ignore the message and cancel any direct debits that may have been set up.

From BBC Sep. 18, 2025

I took the disk to my room, installed the program on my laptop and whizzed through the tutorial, and in no time flat, I was entering debits and listing credits.

From "Liar, Liar" by Gary Paulsen

In order to operate this way, fintech companies often need a middleman between the fintech company and the bank that can do the bookkeeping necessary to make sure customer accounts are credited and debited correctly.

From Seattle Times May 22, 2024

At one bank, more than 60,000 accounts were debited more than $330 million the following morning, with about 7,300 account balances reduced by more than $10,000.

From Reuters Jun. 27, 2023

Payments that are automatically debited are expected to resume on the first due date after payments are again required.

From New York Times Jul. 18, 2021

In fact, according to a case brought by the Dubai Islamic Bank against Citibank, more than $151m "was debited by Citibank from DIB's correspondent account without proper authorisation".

From BBC Feb. 15, 2018

Therefore to prevent this, for the future we decide that all charges for providing post-horses and rations shall be debited to the public account.

From The Letters of Cassiodorus Being A Condensed Translation Of The Variae Epistolae Of Magnus Aurelius Cassiodorus Senator by Hodgkin, Thomas

But the mechanism by which the government sells its debt, debiting bank reserves held at the Fed in exchange for the new bills and bonds, could still test the resilience of some smaller institutions.

From New York Times Jun. 7, 2023

Last month, the bureau punished Enova, which runs online lender CashNetUSA, for failing to honor promised loan extensions and for debiting customers’ bank accounts without authorization.

From Seattle Times Feb. 6, 2019

This ability “endeared him to the Vatican,” because he could move church funds around by debiting an account in one branch and crediting one in another, with coins never changing hands.

From Washington Post Aug. 6, 2015

“All debt management is, is debiting and crediting different accounts,” Mr. Mosler said, recalling seeing numbers appear and disappear from his computer at Bankers Trust in New York in the 1970s.

From New York Times Jul. 4, 2013

His fee was 10s., and, after debiting his out-takes, he received 7s.

From Second Shetland Truck System Report by Guthrie, William




Vocabulary lists containing debit


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