Hypertext Webster Gateway: "debit"
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) 1.7 (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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