debit

  

Definition

In double-entry bookkeeping, entry on the left-hand side of an account record. It has the effect of decreasing a capital, liability, or revenue account, or of increasing an asset or expense account. See also credit.

Business Tips

Switch from Credit to Debit Cards to Achieve a Better Credit Score

Credit card debt is no friend to your credit score. One of the best ways to avoid credit card debt is to pay the debt right away, through the use of a debit card. Debit is different from of credit. Wi ... Read more

Questions related to 'debit'

Related Videos




http://www.businessdictionary.com/definition/debit.html

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z