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debit - Meaning and Examples

Meaning of 'debit' (Webster Dictionary)

1 . Debit [ n.]
- A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account.
2 . Debit [ v. t.]
- To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold.
- To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.

Nearby Words:

debacchate debacchation debacle debar debarb debark debarkation debarked debarking debarment

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