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As a non-English-native person, I somehow find it difficult to understand the following: When an account is said to be debited, what does this mean? How does this differ from an account that is credited? Both seem to be checking(withdrawal-possible) account, and I am having difficulty distinguishing these two. How do they differ in some math-quantity understanding in economics?

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migrated from math.stackexchange.com Oct 13 '12 at 3:05

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This is an accounting question, not a math question. But see en.wikipedia.org/wiki/Debits_and_credits. Beware that common usage differs from the usage in accounting, probably because of people confusing a bank's point of view with a depositor's point of view. –  Trevor Wilson Oct 13 '12 at 2:43
If your account is credited, you have gotten money, not lost money. Do you mean to distinguish between credit cards and debit cards? –  Neal Oct 13 '12 at 2:58

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I'm not sure if this is your point of confusion, but when an account is said to be debited (or credited), the words "debited" or "credited" are not referring to a type of account (such as "checking"). They are referring to an operation that is performed on an account. The same account can be credited at one time and debited at another time.

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