browse words by letter
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
more about debit
debit |
3 definitions found 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['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. 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 WordNet r 1.6 [wn]: debit n : an accounting entry acknowledging sums that are owing [syn: {debit entry}] [ant: {credit}] v : enter as debit, in accounting [ant: {credit}]
more about debit
This work is licensed under a
