Debit vs Responsibility - What's the difference?
debit | responsibility | Related terms |
In bookkeeping, an entry in the left hand column of an account.
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.
To make an entry on the debit side of an account.
To record a receivable in the bookkeeping.
of or relating to process of taking money from an account
of or relating to the debit card function of a debit card rather than its often available credit card function {as used by US Postal Service, Walmart, and other payees
The state of being responsible, accountable, or answerable.
A duty, obligation or liability for which someone is held accountable.
(military) The obligation to carry forward an assigned task to a successful conclusion. With responsibility goes authority to direct and take the necessary action to ensure success. (JP 1-02 Department of Defense Dictionary of Military and Associated Terms).
(military) The obligation for the proper custody, care, and safekeeping of property or funds entrusted to the possession or supervision of an individual. (JP 1-02 Department of Defense Dictionary of Military and Associated Terms).
Debit is a related term of responsibility.
As nouns the difference between debit and responsibility
is that debit is flow, rate of flow while responsibility is the state of being responsible, accountable, or answerable.debit
English
(wikipedia debit)Noun
(en noun)- A cash sale is recorded as debit on the cash account and as credit on the sales account.
Derived terms
* debit cardSee also
* creditVerb
(en verb)- ''We shall debit your account for the amount of the purchase.
- We shall debit the amount of your purchase to your account.
Adjective
(-)Antonyms
* creditDerived terms
* debit cardExternal links
* *Anagrams
*responsibility
English
Noun
(responsibilities)- Responsibility is a heavy burden.
- Why didn't you clean the house? That was your responsibility !
- The responsibility of the great states is to serve and not to dominate the world -
Synonyms
* responsiblenessSee also
* accountabilityReferences
* * * Feltus, C.; Petit, M. (2009). "Building a Responsibility Model Including Accountability, Capability and Commitment", Proceedings of the Fourth International Conference on Availability, Reliability and Security'', Institute of Electrical and Electronics Engineers ( IEEE ), Fukuoka, 2009.''Building a Responsibility Model Including Accountability, Capability and Commitment