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Essentially the same thing as, "Damn it," or, "Dammit," but can be said without consequence because it isn't actually swearing.
Brittany:I beat you're grade by 1%.
Morgyn: Dem it.
by Saggysocks May 04, 2007
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to resign, relinquish an office or function.
Joe asked for a demit from his social organization, in other words, he asked to be removed from the membership and dues responsibilities and duties in that group.
by newatit May 26, 2012
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