debit
Pronunciation: /ˈdɛbɪt/
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[ with object]
Definition of debit
noun
- an entry recording a sum owed, listed on the left-hand side or column of an account: a double-entry system of bookkeeping, where each debit has a corresponding credit entryThe opposite of credit.
verb ( debits, debiting, debited)
Origin:
late Middle English (in the sense 'debt'): from French débit, from Latin debitum 'something owed' (see debt). The verb sense dates from the 17th century; the current noun sense from the late 18th century
Spelling rule
Do not double the final consonant when adding endings which begin with a vowel to a word which ends in a vowel plus a consonant, if the stress is not at the end of the word (as in target):