Etymology
The word "debit" derives from the Latin verb "debere," which means "to owe."
Meaning
A debit is an accounting term that represents a reduction in an asset or increase in a liability. In other words, it is an amount that is owed to someone.
Origin
The concept of debiting originated in the practice of double-entry bookkeeping, which developed in Italy during the 14th century. In double-entry bookkeeping, every transaction is recorded with two entries: a debit and a credit. The debit entry represents the reduction in an asset or increase in a liability, while the credit entry represents the increase in an asset or reduction in a liability.
The word "debit" was first used in English in the 15th century. It initially referred to an amount that was owed to someone, but over time it came to be used more broadly to refer to any reduction in an asset or increase in a liability.
Today, the term "debit" is commonly used in accounting, finance, and economics to refer to an amount that is owed or has been taken out of an account.
Etymology of able The word able comes from the Old French word habile which in tur
Etymology Medieval Latin averia de pois goods sold by weight Old French avoir de
Etymology The word binnacle is derived from the Middle English word bynakul which is
Etymology The word cohabit is derived from the following Latin roots con togethe
Etymology and Origin Cohabitation from Latin cohabitare meaning to dwell together
Etymology The term debenture originates from the Latin word debentur meaning they o
Etymology The word debit derives from the Latin verb debere which means to owe M
Etymology The word debt comes from the Latin word debitum which means a thing owed
Etymology Middle English duete duetee from Anglo Norman French duete dutee from Lat
Etymology Old French endevoir to make an effort strive Late Latin indevotare ind
Etymology The word exhibit comes from the Latin verb exhibere which means to show f
Etymology Exhibition derives from the Latin word exhibēre meaning to show forth pr
Etymology The word forgive originates from the Old English word forgifan which mean
Etymology Old French gavle Latin gabalum Gaulish term for a public assembly Meani
Etymology The word gift comes from the Old English word gift meaning a giving or
Etymology The word etymology comes from the Greek word etymos meaning true or re
Etymology The word habilment comes from the Old French term habiliement which is der
Etymology The word habit comes from the Old French word abit which is ultimately d
Habitable Etymology Late 16th century from French habitable from Late Latin habitabil
Etymology Habit noun is derived from the Latin word habitus meaning outward appearan
Etymology habitat n mid 17th century from French habitat from Latin habitare dwel
Etymology The word habitation is derived from the Latin word habitare meaning to dw
Etymology Latin habitualis habitus habit alis pertaining to Meaning
Etymology Latin habituare to dwell reside be accustomed Proto Indo European root
Etymology Late 17th century from Latin habitualis customary from habitus dres
Etymology French habitude Latin habitudo from habere to have to hold Meaning
Etymology The word habitue is derived from the French word habitué which means reg
Etymology Latin inhabitare to dwell in live in Proto Indo European s peh₂
Etymology The word inhibit originates from the Latin word inhibere which means to
Etymology Latin inhibitio In in into habitus state condition Meaning
Etymology Middle English maladie from Old French maladie derived from Medieval Latin
Etymology Middle French prébende Medieval Latin praebenda Latin praebere to give b
Etymology The word prohibit comes from the Latin prohibere which means to hold bac
Etymology From the Latin word prohibere meaning to forbid to prevent The pro p
Etymology Middle English provender from Anglo Norman French provende from Latin prov
Etymology The word credit comes from the Latin word credere which means to believe
Etymology The word credit comes from the Latin word credere which means to believe
Etymology The word entry comes from the Old French word entree which in turn derive
Etymology is the study of the origin and history of words It helps us understand how word
Etymology The word account comes from the Old French word acount which in turn deriv
Etymology is the study of the history of words their origins and how their form and
Etymology The word charge comes from the Old French word carge which in turn derives
Etymology The word card derives from the Latin word charta which originally meant
Etymology Middle English stride from Old English stridan to stride Proto Germanic st
Etymology Battery comes from the Late Latin word batteria meaning a beating Meani
