Adjacent Words

Debit definitions

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Webster's 1828 Dictionary

DEB'IT, n. [L. debitum, from debeo, to owe.] Debt. It is usually written debt. But it is used in mercantile language, as the debit side of an account.
DEB'IT, v.t.
1. To charge with debt; as, to debit a purchaser the amount of goods sold.
2. To enter an account on the debtor side of a book; as, to debit the sum or amount of goods sold.

WordNet (r) 3.0 (2005)

n
1: an accounting entry acknowledging sums that are owing [syn: debit, debit entry] [ant: credit, credit entry] v
1: enter as debit [ant: credit]

Merriam Webster's

I. transitive verb Date: 1682 to enter upon the debit side of an account ; charge with a debit II. noun Etymology: Latin debitum debt Date: 1746 1. a. a record of an indebtedness; specifically an entry on the left-hand side of an account constituting an addition to an expense or asset account or a deduction from a revenue, net worth, or liability account b. the sum of the items entered as debits 2. a charge against a bank deposit account 3. drawback, shortcoming

Oxford Reference Dictionary

n. & v. --n. 1 an entry in an account recording a sum owed. 2 the sum recorded. 3 the total of such sums. 4 the debit side of an account. --v.tr. (debited, debiting) 1 (foll. by against, to) enter (an amount) on the debit side of an account (debited £500 against me). 2 (foll. by with) enter (a person) on the debit side of an account (debited me with £500). Etymology: F débit f. L debitum DEBT

Webster's 1913 Dictionary

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.

Webster's 1913 Dictionary

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.

Collin's Cobuild Dictionary

(debits, debiting, debited) 1. When your bank debits your account, money is taken from it and paid to someone else. We will always confirm the revised amount to you in writing before debiting your account. VERB: V n 2. A debit is a record of the money taken from your bank account, for example when you write a cheque. The total of debits must balance the total of credits. N-COUNT 3. see also direct debit

Moby Thesaurus

balance, balance the books, bereavement, book, budgeting, capitalize, carry, carry over, cast up accounts, charge off, close out, close the books, cost, costing, costing-out, credit, damage, dead loss, debiting, deficit spending, denial, denudation, deprivation, despoilment, destruction, detriment, disbursal, disbursement, dispossession, divestment, docket, double entry, enter, entry, expenditure, expense, forfeit, forfeiture, injury, item, journalize, keep books, log, loser, losing, losing streak, loss, make an entry, minute, notation, note, payment, perdition, post, post up, privation, robbery, ruin, sacrifice, scheduling, single entry, spending, spoliation, strike a balance, stripping, taking away, total loss