|n.||1.||A debt; an entry on the debtor (Dr.) side of an account; - mostly used adjectively; |
|v. t.||1.||To charge with debt; - the opposite of, and correlative to, credit; |
|2.||(Bookkeeping) To enter on the debtor (Dr.) side of an account; |
|Noun||1.||debit - an accounting entry acknowledging sums that are owing|
Synonyms: debit entry
|Verb||1.||debit - enter as debit|
credit - accounting: enter as credit; "We credit your account with $100"
DEBIT, accounts, commerce. A term used in bookkeeping, to express the left- hand page of the ledger, to which are carried all the articles supplied or paid on the subject of an account, or that are charged to that account. It also signifies the balance of an account.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