Debiting: meaning, definitions and examples

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debiting

 

[ หˆdษ›bษชtษชล‹ ]

Verb
Context #1 | Verb

banking transaction

Debiting refers to the process of deducting money from a bank account or financial account. This could be related to various activities such as processing payments, withdrawing funds, or recording an expense. Typically, when a transaction is debited, the amount is subtracted from the available balance in the account. It is an important aspect of accounting and personal finance, providing a clear record of outflows.

Synonyms

deducting, removing, subtracting.

Examples of usage

  • I noticed the bank is debiting my account for the monthly subscription.
  • The store will be debiting your card once you complete the purchase.
  • Debiting your account immediately will help you track your spending.

Translations

Translations of the word "debiting" in other languages:

๐Ÿ‡ต๐Ÿ‡น dรฉbito

๐Ÿ‡ฎ๐Ÿ‡ณ เคกเฅ‡เคฌเคฟเคŸเคฟเค‚เค—

๐Ÿ‡ฉ๐Ÿ‡ช Belastung

๐Ÿ‡ฎ๐Ÿ‡ฉ debit

๐Ÿ‡บ๐Ÿ‡ฆ ะดะตะฑะตั‚ัƒะฒะฐะฝะฝั

๐Ÿ‡ต๐Ÿ‡ฑ obciฤ…ลผenie

๐Ÿ‡ฏ๐Ÿ‡ต ใƒ‡ใƒ“ใƒƒใƒˆ

๐Ÿ‡ซ๐Ÿ‡ท dรฉbit

๐Ÿ‡ช๐Ÿ‡ธ dรฉbito

๐Ÿ‡น๐Ÿ‡ท banka borcu

๐Ÿ‡ฐ๐Ÿ‡ท ์ฐจ๋ณ€

๐Ÿ‡ธ๐Ÿ‡ฆ ุฎุตู…

๐Ÿ‡จ๐Ÿ‡ฟ debet

๐Ÿ‡ธ๐Ÿ‡ฐ debetovanie

๐Ÿ‡จ๐Ÿ‡ณ ๅ€Ÿ่ฎฐ

๐Ÿ‡ธ๐Ÿ‡ฎ debitiranje

๐Ÿ‡ฎ๐Ÿ‡ธ debรญt

๐Ÿ‡ฐ๐Ÿ‡ฟ ะดะตะฑะธั‚ั‚ะตัƒ

๐Ÿ‡ฌ๐Ÿ‡ช แƒ“แƒ”แƒ‘แƒแƒกแƒ˜

๐Ÿ‡ฆ๐Ÿ‡ฟ debitor

๐Ÿ‡ฒ๐Ÿ‡ฝ dรฉbito

Etymology

The term 'debit' derives from the Latin word 'debere', meaning 'to owe'. It originally referred to an entry on the left side of an account in bookkeeping, reflecting the amounts owed. The concept evolved over centuries, becoming central to accounting practices. The term 'debit' entered English financial terminology in the 15th century, coinciding with the rise of double-entry bookkeeping systems, which were popularized by Luca Pacioli, an Italian mathematician. Since then, 'debiting' has become a standard term in banking and finance, widely used to indicate the reduction of funds in an account.

Word Frequency Rank

This word's position of #33,954 indicates it's among the more rare English words. While understanding it broadens your vocabulary, focus on more common words first.