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

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

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

Example:
What' the difference between Debit and Credit?

Taxonomy
debit, credit, cash, asset, Debits and credits, transaction, debit account, debit and credit, credit account, OE, liability, debit transaction, perspective, income, expense, accounting, credit value, business entity.

Defination from the web:
Debit and credit are formal bookkeeping and accounting terms. ... A debit transaction indicates an asset or an expense transaction, a credit indicates a transaction that will cause a liability or a gain. ... Debit is abbreviated to Dr (for debtor) ...