In consumer banking, a debit is a transaction that deducts money from your account. A credit is a transaction that adds funds to your account.

In accounting,

A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. It is positioned to the left in an accounting entry. A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account.[1]

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"Credit vs Debit." Diffen.com. Diffen LLC, n.d. Web. 6 Sep 2025. < >