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debit
(redirected from Debits and credits)

    Also found in: Legal, Financial, Wikipedia 0.01 sec.

A monetary amount that is subtracted from an account balance. A debit from one account is a credit to another. See credit.
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By 2005, after trading debits and credits for robbers and drug dealers, he was an officer with five years on the job.
Accountant-turned-cop dies a hero by Mass, Warren / The New American
Second, companies have to fill the accounting holes left when the auditor could no longer help them get the complex debits and credits right.
Sarbanes-Oxley 2005: reality and relief by Gazzaway, Trent / Financial Executive
Precise allocations of returns by debits and credits were not available.
Trends in the use of payment instruments in the United States by Mukasa, Namirembe / Federal Reserve Bulletin
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