Definition of debits:
(n) :
A sum of money taken out of a bank account. Thus called, because in bank's bookkeeping a cash withdrawal diminishes the amount of money held on the account, i.e. bank's debt to the customer.
(n) :
In bookkeeping, an entry in the left hand column of an account.
(v) :
To make an entry on the debit side of an account.
(adj) :
of or relating to process of taking money from an account
(adj) :
of or relating to the debit card function of a debit card rather than its often available credit card function
(v) :
To record a receivable in the bookkeeping.