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Debited: meaning, definitions and examples

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debited

 

[ ˈdɛbɪtɪd ]

Verb
Context #1 | Verb

banking transaction

Debited refers to the action of withdrawing money from a bank account, typically recorded as a decrease in the account balance. This term is commonly used in the context of financial transactions where an account is charged for services or purchases. It can be associated with direct withdrawals and automatic payments. When a transaction is debited, the amount is deducted from the customer's account, reducing the available funds.

Synonyms

charged, deducted, withdrawn

Examples of usage

  • The restaurant debited the cost of my meal directly from my checking account.
  • I noticed that my credit card was debited for the monthly subscription fee.
  • After the purchase, the amount was debited nearly instantly.

Translations

Translations of the word "debited" in other languages:

🇵🇹 debito

🇮🇳 डिबिट किया गया

🇩🇪 belastet

🇮🇩 didebit

🇺🇦 дебетували

🇵🇱 obciążono

🇯🇵 デビットされた

🇫🇷 débit

🇪🇸 débito

🇹🇷 borçlandırıldı

🇰🇷 차감된

🇸🇦 مدين

🇨🇿 odečteno

🇸🇰 zaúčtované

🇨🇳 借记

🇸🇮 obremenjeno

🇮🇸 debiterað

🇰🇿 дебеттелген

🇬🇪 დებიტირებული

🇦🇿 debitor

🇲🇽 débito

Etymology

The term 'debit' originates from the Latin word 'debere', meaning 'to owe'. In the context of accounting, 'debit' has been used since the 15th century to describe entries on the left side of an account ledger that represent increases in assets or expenses. The application of the term evolved with the development of double-entry bookkeeping. The use of 'debited' as a verb form became common as banking and electronic transactions grew in the 20th century, reflecting modern financial practices where money is automatically deducted from accounts for payments or purchases. Its usage is deeply rooted in the fundamental principles of accounting and finance, indicating the flow of funds in various transactions.

Word Frequency Rank

Positioned at #22,113, this word is part of extensive vocabulary. It's relatively rare in general usage but may be important in specific fields or formal writing.