debit
US /ˈdɛbɪt/
noun, verb Advanced · C1 Tài chính & ngân sách
Definition
an accounting entry acknowledging sums that are owing
Tested in TOEIC business and workplace contexts.
Examples
The bank will debit your account on the first day of each month.
Synonyms
- chargean impetuous rush toward someone or something
- deductiona reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Collocations
- Easy pay by debit cardto give money in exchange for goods or services regarding by debit card
- Medium direct debit payment authorizationto direct debit payment authorization, meaning to command with authority
- Hard debit an account for transactionsto debit an account for transactions, meaning to enter as debit
- Very Hard debit balance exceeding credit limitsto debit balance exceeding credit limits, meaning to enter as debit
Learner's English edition · Curated definitions for TOEIC learners.