Debit

['debɪt] or ['dɛbɪt]

Definition

(noun.) an accounting entry acknowledging sums that are owing.

(verb.) enter as debit.

Edited by Jacqueline--From WordNet

Definition

(n.) A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account.

(v. t.) To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold.

(v. t.) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.

Checked by Casey

Definition

n. a debt or something due: an entry on the debtor side of an account.—v.t. to charge with debt: to enter on the debtor side of an account.—n. Deb′itor (Shak.) a debtor.

Inputed by Julio