What is another word for Debiting?

235 synonyms found


[ dˈɛbɪtɪŋ], [ dˈɛbɪtɪŋ], [ d_ˈɛ_b_ɪ_t_ɪ_ŋ]

Debiting is a financial term used to describe a process that involves reducing the balance of an account. There are several synonyms that can be used to replace the word debiting in a sentence such as charging, subtracting, deducting, withdrawing, and reducing. All of these terms describe the same action of taking money out of an account and are often used interchangeably by financial professionals. Whether you are managing your personal finances or running a business, understanding the different terms used to describe financial transactions is essential to keeping accurate records and maintaining control over your finances.

Synonyms for Debiting:

How to use "Debiting" in context?

Debiting is the process by which a financial institution subtracts a monetary value from a checking account or savings account to reflect a transfer of funds. The funds are transferred from the account holder's account at the financial institution to the account holder's account at the recipient financial institution.

Paraphrases for Debiting:

Paraphrases are highlighted according to their relevancy:
- highest relevancy
- medium relevancy
- lowest relevancy

Word of the Day

jam crowd-together
"Jam" and "crowd-together" are synonymous phrases used to describe the act of packing or squeezing a large number of people or objects into a small or confined space. The words con...