debit vs liability

debit

noun
  • In bookkeeping, an entry in the left hand column of an account. 

  • A sum of money taken out of a bank account. Thus called, because in bank's bookkeeping a cash withdrawal diminishes the amount of money held on the account, i.e. bank's debt to the customer. 

adj
  • of or relating to process of taking money from an account 

  • of or relating to the debit card function of a debit card rather than its often available credit card function 

verb
  • To record a receivable in the bookkeeping. 

  • To make an entry on the debit side of an account. 

liability

noun
  • Any item recorded on the right-hand side of a balance sheet. 

  • A handicap that holds something back, a drawback, someone or something that is a burden to whoever is required to take care of them; an individual or action that exposes others to greater risk. 

  • The condition of being susceptible to something. 

  • An obligation, debt or responsibility owed to someone. 

  • A person on a team that is more of a hindrance than a help. 

  • The likelihood of something happening. 

How often have the words debit and liability occurred in a corpus of books? (source: Google Ngram Viewer )