Last reviewed 08-20-2026Short-Sale.com Editorialglossary
DEBIT
California Department of Real Estate
Updated 08-20-2026
DEBIT
A bookkeeping entry on the left side of an account, recording the creation of or addition to an asset or an expense, or the reduction or elimination of a liability or item of equity or revenue.
California Department of Real Estate Glossary
California Department of Real Estate · p. 11
Need help?
Ask more questions about DEBIT in Help. You'll get answers for your situation.
People also ask