Debit

Deb"it (?), n. [L. debitum what is due, debt, from debere to owe: cf. F. débit. 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.