ETYM Latin debitum what is due, debt, from debere to owe: cf. French débit. Related to Debt.
An accounting entry acknowledging sums that are owing; SYN. debit entry.r /> 1. A record of an indebtedness; specifically; an entry on the left-hand side of an account constituting an addition to an expense or asset account or a deduction from a revenue, net worth, or liability account.
2. The sum of the items entered as debits.
3. A charge against a bank deposit account.
4. Drawback, shortcoming.

To enter as debit, in accounting.