Also known as: db.
DB has various meanings in the Accounting category. Discover the full forms, definitions, and usage contexts of DB in Accounting.
A debit is an entry on the left side of a ledger account which eventually increases the amount of assets or expenses or decreases the liabilities, revenue or the net worth.
AccountingA debit note is a document that informs/reminds a debtor of his outstanding debt.
Accounting1. A debt that is not backed by collateral, but only by the credit and good faith of the borrower. 2. A certificate issued by customs authorities entitling an exporter of imported goods to be paid back duties that have been paid when they were imported. Such a refund is called a drawback.
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