debit: Meaning and Definition of

deb•it

Pronunciation: (deb'it), [key]
— n.
  1. the recording or an entry of debt in an account.
    1. that which is entered in an account as a debt; a recorded item of debt.
    2. any entry or the total shown on the debit side.
    3. the left-hand side of an account on which such entries are made (opposed to credit).
  2. an undesirable or disadvantageous feature.
—v.t.
  1. to charge with a debt: The store debited her account for the purchase.
  2. to charge as a debt: The store debited the purchase to her account.
  3. to enter upon the debit side of an account.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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