DEBITING

Verb

debiting

present participle of debit

Noun

debiting (plural debitings)

The act of making a debit in accounting.

Anagrams

• betiding

Source: Wiktionary


DEBIT

Deb"it, n. Etym: [L. debitum what is due, debt, from debere to owe: cf. F. débit. See Debt.]

Definition: A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account.

Deb"it, v. t. [imp. & p. p. Debited; p. pr. & vb. n. Debiting.]

1. To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold.

2. (Bookkeeping)

Definition: To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

27 April 2024

GREAT

(adjective) remarkable or out of the ordinary in degree or magnitude or effect; “a great crisis”; “had a great stake in the outcome”


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Coffee Trivia

The Boston Tea Party helped popularize coffee in America. The hefty tea tax imposed on the colonies in 1773 resulted in America switching from tea to coffee. In the lead up to the Revolutionary War, it became patriotic to sip java instead of tea. The Civil War made the drink more pervasive. Coffee helped energize tired troops, and drinking it became an expression of freedom.

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