GNU Collaborative International Dictionary of English

last match results

Found 2 definitions

1.       
   Debit , n. [L. debitum what is due, debt, from debere to owe: cf. F. débit. See Debt.] A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account.
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2.       
   Debit, v. t. [imp. & p. p. Debited; p. pr. & vb. n. Debiting.]
   To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold.
   1913 Webster
   (Bookkeeping) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.
   1913 Webster