Noun: debit de-bit
- An accounting entry acknowledging sums that are owing
"A debit entry was made to record the purchase of office supplies";
- debit entry
- (accounting) enter as debit
"The accountant debited the expense to the company's account"
Derived forms: debiting, debited, debits
Type of: account, accounting entry, entry, ledger entry
Antonym: credit
Encyclopedia: Debit