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Credit
an entry in the right hand column of an account; credits increase liability, income, and equity accounts and decrease asset and expense accounts
Debit
an entry in the left hand column of an account to record a debt; debits increase asset and expense accounts and decrease liability, income, and equity accounts
NOT DR & CR but specifically for DEBIT & CREDIT. DR & CR words are used during passing general entries,which indicates the nature of that transaction.
There is NO any proper definition of Debits & Credits in accounting terms, it is based on accounting equation that all expenses and assets are debited and all liabilities, capital and revenue are credited:
Assets = Equities
Assets = Liabilities + Capital (Owners)
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