Debit is a noun meaning an entry on the left-hand side of an account or a deduction from an account. In financial contexts it denotes money leaving an account, as opposed to a credit. In everyday usage it can describe a charge or fee that reduces funds. The term also appears in legal and banking phrasing.
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Assets
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Balance
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Basis
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Collateral
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Contingency
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Contingent
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Debit
How to Pronounce Debit
Deferred
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Depreciate
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Derivative
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