English Dictionary: Debit | by the DICT Development Group |
3 results for Debit | |
From WordNet (r) 3.0 (2006) [wn]: | |
| |
From Webster's Revised Unabridged Dictionary (1913) [web1913]: | |
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. 2. (Bookkeeping) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold. | |
From Webster's Revised Unabridged Dictionary (1913) [web1913]: | |
Debit \Deb"it\, n. [L. debitum what is due, debt, from debere to owe: cf. F. d[82]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. |