DEBIT Deb"it, n. Etym: [L. debitum what is due, debt, from debere to owe: cf. F. débit. See Debt.]
Defn: A debt; an entry on the debtor (Dr.) side of an account; — mostly used adjectively; as, the debit side of an account.
DEBIT
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)
Defn: To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.
DEBITOR
Deb"it*or, n. Etym: [L. See Debtor.]
Defn: A debtor. [Obs.] Shak.
DEBITUMINIZATION
De`bi*tu`mi*ni*za"tion, n.
Defn: The act of depriving of bitumen.