debit
v.
charge with a debt
n.
liability, debt, obligation
Debits and credits
Debit and credit are formal
bookkeeping and
accounting terms that have opposite meanings and come from
Latin. Debit comes from , which means "to owe". The Latin means "debt". Credit comes from the
Latin word , which means "to believe".It is more common to use the terms in the plural, Debits and Credits.DEBIT is abbreviated as Dr., while credit is abbreviated as Cr.
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debit
Noun
1. an accounting entry acknowledging sums that are owing
(synonym) debit entry
(antonym) credit, credit entry
(hypernym) entry, accounting entry, ledger entry
Verb
1. enter as debit
(antonym) credit
(hypernym) account, calculate
(hyponym) charge
(derivation) debit entry
(classification) accounting
débit (m)
n.
debit, outflow, output, rate of flow, yield; throughput, rate of transfer, amount of data that may be transferred in a data channel or through a device in one second (Computers)
Debit
(v. t.)
To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.
(v. t.)
To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold.
(n.)
A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
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