Debit

Sure, there are many definitions for the word “debit.” Here are a few examples:

General Definition:

• Debit refers to a decrease, reduction, or loss. It also refers to a sum of money owed to a particular account or person.

Specific Examples:

• Debit card: A card used to make purchases on credit, usually referred to as a “charge card.”
• Debit account: An account where money is stored and used to pay bills and make purchases.
• Debit balance: The amount of money remaining in a bank account after subtracting any outstanding debits.
• Debit score: A measure of a person’s credit worthiness based on their payment history and other factors.

Other Uses:

• Debit can also be used as a verb meaning “to inflict harm” or “to reduce.”
• In accounting, debit is used to record accounts that are decreasing.

Please let me know if you have any further questions about the word “debit.”