2. (Bookkeeping) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold. [1913 Webster]
The Collaborative International Dictionary of English. 2000.
debiting — n. charging a debt deb·it || debɪt n. liability, debt, obligation v. charge with a debt … English contemporary dictionary
debiting by authority — direct charging to a bank account by consent of the account holder … English contemporary dictionary
direct debiting — direct transfer of funds from one bank to another … English contemporary dictionary
Closing Entry — A journal entry made at the end of the accounting period. The closing entry is used to transfer data in the temporary accounts to the permanent balance sheet or income statement accounts. The purpose of the closing entry is to bring the temporary … Investment dictionary
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Demat account — The term Demat, in India, refers to a dematerialised account for individual Indian citizens to trade in listed stocks or debentures, required for investors by The Securities Exchange Board of India (SEBI). In a demat account, shares and… … Wikipedia
General average/New version — Average in maritime commerce to signify damages orexpenses resulting from the accidents of navigation. Average is either general or particular. General average arises when sacrifices have been made, or expenditures incurred, for the preservation… … Wikipedia
check — check1 checkless, adj. /chek/, v., n., pl. checks or, for 45, chex, adj., interj. v.t. 1. to stop or arrest the motion of suddenly or forcibly: He checked the horse at the edge of the cliff. 2. to restrain; hold in restraint or control: They… … Universalium
