debits
noun
Meaning
- In bookkeeping, an entry in the left hand column of an account.
- A sum of money taken out of a bank account. Thus called, because in bank's bookkeeping a cash withdrawal diminishes the amount of money held on the account, i.e. bank's debt to the customer.
- To make an entry on the debit side of an account.
- To record a receivable in the bookkeeping.
Etymology / origin
No prose etymology has been added yet.
No ancestor words have been linked yet.
Related words
Descendant words
No descendant words have been linked yet.