- the left-hand side of an account, where entries are made showing an increase in assets, a decrease in liabilities, etc.
- such an entry
- the sum of such entries
- a sum deducted from one's bank account, as for a check
- a disadvantage or shortcoming
Origin of debitLate Middle English and Old French debite from Classical Latin debitum, what is owing, debt; neuter past participle of debere: see debt