An archaic or specialized term for a debit; a charge against an account or a person's debt.
From Old French 'debite,' derived from Latin 'debitus' (owed). This is an older variant spelling of 'debit' that survives mainly in specialized legal or historical contexts.
Medieval French and English borrowers preferred 'debite' while 'debit' became more common with Italian banking influence in the Renaissance—you can actually trace the history of finance through spelling changes!
Complete word intelligence in one call. Free tier — 50 lookups/day.