Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Debit Debit November 9, 2021 In a closing statement or settlement, an item that is charged to a buyer or seller. Compare with credit.You Might Also Like: Everyday Money8 Ways to Save Money on Gas Everyday Money5 Ways to Boost Your Financial Health (Amidst COVID-19) Family MattersPreparing Financially for a Baby Everyday MoneyBudget Friendly Ideas for Thanksgiving Everyday MoneySenior Discounts and Savings
