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debit

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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}] 




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