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Definition of debit:

  1. A debt; an entry on the debtor ( Dr.) side of an account; - mostly used adjectively; as, the debit side of an account.
  2. To charge with debt; - the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold.
  3. To enter on the debtor ( Dr.) side of an account; as, to debit the amount of goods sold.


APR, downside, bank book, account, accounts collectible, credit, bill, BIPS, deposit, disbenefit, pay in, handicap, debit entry, close, minus, draw, negative, bank draft, due, drawback, bank rate, incommodity, bad debt, amount due, open, charge, balance, amount payable, home loan, bills, borrower, strike, bank statement, borrowings, banking, bank.

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