DEBIT • FREE TRANSLATOR.ORG • Definition of Debit

Add this Dictionary
to your website!
See more options...

/dˈɛbɪt/ Listen

noun

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

verb

Debit v. t. (past & past part. debited; pres. part. debiting)

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

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

See images of 'Debit'

Etymology of 'Debit'

Collaborative International Dictionary of English 0.48

Share |

"Debit" Quotes from Famous Books

... not pay its way. With the lost territories had gone about one-eighth of the whole population and one-tenth of the total imperial revenue. But when these heavy losses had been cut, there was nothing more of a serious nature to put to debit, but a little even to credit. Ottoman prestige had suffered but slightly in the eyes of the people. The obstinate and successful defence of the Chataldja lines and the subsequent recovery of eastern Thrace with Adrianople, the first European ...

— The Balkans - A History Of Bulgaria--Serbia--Greece--Rumania--Turkey • Nevill Forbes, Arnold J. Toynbee, D. Mitrany, D.G. Hogarth

... heaven so poor that justice Metes the bounty of the skies? So poor that every blessing Fills the debit of a cost? That all process is returning? And all ...

— Memories and Studies • William James

... carry it in Council, "that the Resident at the Vizier's court should be furnished with an account of all the extra allowances and charges of the commander-in-chief when in the field, with orders to add the same to the debit of the Vizier's account, as a part of his general subsidy,—the charge to commence from the day on which the general shall pass the Caramnassa, and to continue till his return to the same line." That this additional expense imposed by the said Warren ...

— The Works Of The Right Honourable Edmund Burke, Vol. IX. (of 12) • Edmund Burke

... said the supercargo, "but ye made a gran' meestake in selling the guids for Cheelian dollars instead of oil. An' sae I must debit ye wi' a loss of twenty-five ...

— The Ebbing Of The Tide - South Sea Stories - 1896 • Louis Becke

... had been bought up in the names of the three chance-united confederates, and posted by du Tillet to the debit side of Nucingen's account. Next day they drew ...

— The Firm of Nucingen • Honore de Balzac

More quotes...