debited

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

In order to operate this way, fintech companies often need a middleman between the fintech company and the bank that can do the bookkeeping necessary to make sure customer accounts are credited and debited correctly.

From Seattle Times • May 22, 2024

At one bank, more than 60,000 accounts were debited more than $330 million the following morning, with about 7,300 account balances reduced by more than $10,000.

From Reuters • Jun. 27, 2023

Payments that are automatically debited are expected to resume on the first due date after payments are again required.

From New York Times • Jul. 18, 2021

This will ensure that the appropriate funds are debited or credited from your account when you pay for a purchase or receive compensation from work.

From Encyclopedia.com • Feb. 5, 2018

Provided all contracts are honored, the bank must settle by two P.M.  In case of default, the amount in abeyance is debited or credited to the broker who suffers by the failure.”

From Lights and Shadows of New York Life or, the Sights and Sensations of the Great City by McCabe, James Dabney