[deb.it] vt (1682): to enter upon the debit side of an account: charge with a debit
[2]debit n [L debitum debt] (1776) 1 a: a record of an indebtedness; specif: 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 b: the sum of the items entered as debits
2: a charge against a bank deposit account
3: drawback, shortcoming