debitdebit2 verb [transitiveT]1BANKINGto take money out of a bank accountdebit something from somethingThe fee will be automatically debited from your account.
The money was debited from my account without even informing me.
→ opposite credit1 2ACCOUNTING to record an amount on the debit side of an account in DOUBLE-ENTRY BOOKKEEPINGNote that as the principal repayment reduces the loan outstanding so it is debited to that account.
→ opposite credit1