debits Definition and Meaning in English (debits definition)

noun
Quick Answer • Definition

Debits definition: In accounting, these are entries made in an account that record a decrease in assets or an increase in liabilities or equity.

Definitions of Debits

  1. 1noun(formal)

    In accounting, these are entries made in an account that record a decrease in assets or an increase in liabilities or equity.

  2. 2verb(formal)

    To record an amount as owed or withdrawn from an account, typically decreasing the balance.

Example Sentences

business

“The accountant reviewed all the debits and credits for the month.”

business

“The bank debits the fee directly from your account.”

Inflected Word Forms

infinitivedebit
past tensedebited
present participledebiting
noundebit

Frequently Asked Questions: Debits in English

What is the meaning of Debits in English?▼
Debits definition: In accounting, these are entries made in an account that record a decrease in assets or an increase in liabilities or equity.
How do you translate 'Debits' to English?▼
'Debits' translates to 'debits' in English. Debits definition: In accounting, these are entries made in an account that record a decrease in assets or an increase in liabilities or equity.
How do you pronounce 'Debits' and 'debits'?▼
Listen to clear English audio pronunciation of 'Debits' and native English audio speech for 'debits' with bilingual sentence examples on DictBridge.

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