Definition: As a verb, to make an entry on the left of charge side of an account; as a noun, a charge or expense.
Pronunciation: \ˈde-bət\
Used in a Sentence: The purchase price of the property is a debit to the buyer on the closing statement.
Definition: As a verb, to make an entry on the left of charge side of an account; as a noun, a charge or expense.
Pronunciation: \ˈde-bət\
Used in a Sentence: The purchase price of the property is a debit to the buyer on the closing statement.