Deb″it (?), n. [L. debitum what is due, debt, from debere to owe: cf. F. débit. See Debt.] A debt; an entry on the debtor (Dr.) side of an account; — mostly used adjectively; as, the debit side of an account.
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Webster's Dictionary 1913
Webster's Revised Unabridged Dictionary, C. & G. Merriam Co., 1913.