from The American Heritage® Dictionary of the English Language, 4th Edition
- n. Accounting An item of debt as recorded in an account.
- n. Accounting The left-hand side of an account or accounting ledger where bookkeeping entries are made.
- n. Accounting An entry of a sum in the left-hand side of an account.
- n. Accounting The sum of such entries.
- n. A drawback; a detriment.
- transitive v. To enter (a sum) on the left-hand side of an account or accounting ledger.
- transitive v. To charge with a debit: The bank debited my account for the overdrawn check.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. In bookkeeping, an entry in the left hand column of an account to record a debt.
- n. A sum of money taken out of an account.
- v. To make an entry on the debit side of an account.
- v. To remove a sum of money from an account as a payment.
- adj. of or relating to process of taking money from an account
from the GNU version of the Collaborative International Dictionary of English
- n. A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively.
- transitive v. To charge with debt; -- the opposite of, and correlative to, credit.
- transitive v. To enter on the debtor (Dr.) side of an account.
from The Century Dictionary and Cyclopedia
- n. That which is entered in an account as a debt; a recorded item of debt: as, the debits exceed the credits.
- n. That part of another's account in which one enters any article of goods furnished or money paid to or on account of that other: as, place that to my debit.
- To charge with as a debt: as, to debit a purchaser the amount of goods sold.
- To enter on the debtor side of a book: as, to debit the sum or amount of goods sold.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. an accounting entry acknowledging sums that are owing
- v. enter as debit
Middle English debite, from Latin dēbitum, debt; see debt.(American Heritage® Dictionary of the English Language, Fourth Edition)
From Latin debilitum ("what is owed, a debt"), neuter past participle of debere ("to owe"); see debt. (Wiktionary)