 |
From The Collaborative International Dictionary of English v.0.44 [gcide]:
Debit \Deb"it\, verb (used with an object) [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.
 |
Definitions retrieved from local copies of the freely distributed DICT client/server software and databases. Click here for database copyright information. - KM |