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Decrease and Debit

noun

  • A change downward.
    • usage: "there was a decrease in his temperature as the fever subsided"; "there was a sharp drop-off in sales"
  • A process of becoming smaller or shorter.
  • The amount by which something decreases.
  • The act of decreasing or reducing something.

verb

  • Decrease in size, extent, or range.
    • usage: "The amount of homework decreased towards the end of the semester"; "The cabin pressure fell dramatically"; "her weight fell to under a hundred pounds"; "his voice fell to a whisper"
  • Make smaller.
    • usage: "He decreased his staff"

noun

  • An accounting entry acknowledging sums that are owing.

verb

  • Enter as debit. .

Debit is a debit is the opposite of a credit. For example, a debit can be an account balance representing money you owe a lender, or it can be the amount you owe your broker for securities you have bought on margin. A debit card differs from a credit card, since it allows you to take money out of your bank account electronically, either as cash or as an on-the-spot payment to a merchant, rather than borrowing the money from the card issuer.