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