'Debit' definitions:

Definition of 'debit'

(from WordNet)
noun
An accounting entry acknowledging sums that are owing [syn: debit, debit entry] [ant: credit, credit entry]
verb
Enter as debit [ant: credit]

Definition of 'Debit'

From: GCIDE
  • Debit \Deb"it\, n. [L. debitum what is due, debt, from debere to owe: cf. F. d['e]bit. See Debt.] A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account. [1913 Webster]

Definition of 'Debit'

From: GCIDE
  • Debit \Deb"it\, v. t. [imp. & p. p. Debited; p. pr. & vb. n. Debiting.]
  • 1. To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold. [1913 Webster]
  • 2. (Bookkeeping) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold. [1913 Webster]

Words containing 'Debit'