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Meaning of debited
The primary meaning of the word "debited" is to have an amount of money taken out of an account.
Etymology of debited
The word "debited" originates from the verb "debit", which comes from the Latin "debere", meaning to owe, and the Latin "debitum", meaning thing owed.
Historically, the term has been used in accounting and finance since the 15th century to describe the act of recording a subtraction from an account.
Synonyms
Definitions
- The past tense and past participle of the verb "debit", which means to take money out of someone's account.
- * To record a payment or expense in the debit column of an account.
Usage Examples
- The company's account was debited for the full amount of the invoice.
- * Her bank account was debited automatically every month for the mortgage payment.
- * The customer's credit card was debited immediately after the purchase.