Debit

word

1. Noun

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

2. Verb

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

3. Verb

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

4. Noun

an accounting entry acknowledging sums that are owing
Vocabulary classified under Business and finance
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