meaning of debit
1. A debt; an entry on the debtor (Dr. ) side of an account; -- mostly used adjectively; as, the debit side of an account.
2. To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold.
3. To enter on the debtor (Dr. ) side of an account; as, to debit the amount of goods sold.
4. an accounting entry acknowledging sums that are owing
Related Words
debit | debit card | debit entry | debit side | debited | debiting | debitor | debituminization | debituminize |
