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Definition of Debit
Debit

A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account.

To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold.

To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.

Related Definitions:
Account, Adjectively, Amount, An, And, As, Charge, Correlative, Credit, Debit, Debt, Debtor, Enter, Entry, For, Goods, Mostly, Of, On, Opposite, Purchaser, Side, Sold, The, To, Used, With


Debit Translations

debit in Dutch is debetzijde, debet
debit in German is belasten
debit in Norwegian is debet
debit in Swedish is debet


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