DEB'IT, v.t.
1. To charge with debt; as, to debit a purchaser the amount of goods sold.
2. To enter an account on the debtor side of a book; as, to debit the sum or amount of goods sold.
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DEB'IT, n. [L. debitum, from debeo, to owe.] Debt. It is usually written debt. but it is used in mercantile language, as the debit side of an account. DEB'IT , v.t. 1. To charge with debt; as, to debit a purchaser the amount of goods sold. 2. To enter an account on the debtor side of a book; as, ...
DEB'IT, v.t.
1. To charge with debt; as, to debit a purchaser the amount of goods sold.
2. To enter an account on the debtor side of a book; as, to debit the sum or amount of goods sold.