debit

Definition
An accounting entry which results in either an increase in assets or a decrease in liabilities or net worth. opposite of credit.




debit is ...
... part of the
Accounting subject.


Related Terms

account balance -  More
account statement -  More
ACH -  More
asset management account, Automatic Clearing House, balance, blind entries, capitalize, central assets account, debit card, double-entry bookkeeping, general ledger, single-entry bookkeeping


debit appears in these other terms

debit balance, debit spread, adjusted debit balance, debit note


debit appears in the definitions of these other terms on BusinessDictionary.com

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