Definition of be in debit in English:
(Of an account) show a net balance of money owed to others: the account is only 120 francs in debit
More example sentences
- If the customer's account is in debit, the increase of the amount of the overdraft by the interest charged does not, in reality, discharge a liability.
- Alnor's account, on the other hand, was in debit to the extent of about US $2.8 million and the combined margin account was in debit even after taking into account Profilati's credit position.
- I explained that if I don't have enough money in the account, then I can't get the money out, how can it possibly be in debit?
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia
Most popular in India
Most popular in Pakistan