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Debit   /dˈɛbɪt/   Listen
Debit

noun
1.
An accounting entry acknowledging sums that are owing.  Synonym: debit entry.  Antonym: credit.
verb
(past & past part. debited; pres. part. debiting)
1.
Enter as debit.  Antonym: credit.



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"Debit" Quotes from Famous Books



... see any possible fault in the above figures. I ought to say that I deferred putting a value on the potatoes until I had footed up the debit column. This is always the safest way to do. I had twenty-five bushels. I roughly estimated that there are one hundred good ones to the bushel. Making my own market price, I asked two cents apiece for them. This ...
— Baddeck and That Sort of Thing • Charles Dudley Warner

... said the supercargo, "but ye made a gran' meestake in selling the guids for Cheelian dollars instead of oil. An' sae I must debit ye wi' a loss of twenty-five ...
— The Ebbing Of The Tide - South Sea Stories - 1896 • Louis Becke

... an eminence like those occupied by the twelve and fifteen year boys—looking back at the old game from this slight elevation, it is perhaps excusable for a man who put in twenty years at the old game to set the old game off against the new game and make up a debit and credit account just for the fun ...
— The Old Game - A Retrospect after Three and a Half Years on the Water-wagon • Samuel G. Blythe

... and carry it in Council, "that the Resident at the Vizier's court should be furnished with an account of all the extra allowances and charges of the commander-in-chief when in the field, with orders to add the same to the debit of the Vizier's account, as a part of his general subsidy,—the charge to commence from the day on which the general shall pass the Caramnassa, and to continue till his return to the same line." That this additional expense imposed by the said Warren Hastings on the Vizier was unjust ...
— The Works Of The Right Honourable Edmund Burke, Vol. IX. (of 12) • Edmund Burke

... righteousness of the Law is the fulfillment of the Law according to the passage: "The man that doeth them shall live in them." The righteousness of faith is to believe the Gospel according to the passage: "The just shall live by faith." The Law is a statement of debit, the Gospel a statement of credit. By this distinction Paul explains why charity which is the commandment of the Law cannot justify, because the Law contributes ...
— Commentary on the Epistle to the Galatians • Martin Luther


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