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Debitable Meaning: Definition, Examples, and Translations

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debitable

[ˈdɛbɪtəbl ]

Definition

Context #1 | Adjective

finance

Capable of being charged or debited to an account.

Synonyms

chargeable, creditable.

Which Synonym Should You Choose?

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Word Description / Examples
debitable

Repeat of 'debitable', used to describe something that can be deducted from an account.

  • The service fee is automatically debitable from your connected debit card.
chargeable

Used when referring to something for which a fee can be charged, typically in legal or financial contexts. It can also imply that something will incur a cost.

  • Expenses incurred during travel are chargeable to the company's account.
  • The additional baggage is chargeable at the rate mentioned.
creditable

Primarily used to indicate something worthy of praise or recognition, or in financial terms, something that can be credited to an account.

  • His performance in the exam was creditable and earned him a lot of praise.
  • The interest earned on the deposit is creditable to your savings account.

Examples of usage

  • Only debitable transactions are accepted in this account.
  • The system only recognizes debitable entries.

Translations

To see the translation, please select a language from the options available.

Origin of 'debitable'

The word 'debitable' originates from the term 'debit', which comes from the Latin word 'debere' meaning 'to owe'. In the context of finance and accounting, 'debitable' refers to the ability to be charged or debited to an account. The concept of debiting accounts has been a fundamental principle in accounting and finance for centuries, allowing for accurate recording of financial transactions and balances.

See also: debit.