About The Word Debit

Bay Area Crosswords

Learn about the word Debit to help solve your crossword puzzle. Discover Debit definitions and meaning, origins, synonyms, related terms and more at the free Crossword Dictionary.

Debit

Debit Meaning & Definition
Debit Definition And Meaning

What's The Definition Of Debit?

[n] an accounting entry acknowledging sums that are owing
[v] enter as debit, in accounting

Synonyms | Synonyms for Debit: debit entry

Related Terms | Find terms related to Debit: 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

See Also | account | calculate | charge | entry | ledger entry

Debit In Webster's Dictionary

\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.
\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.

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