<human>:  What is the difference between a "debit" and a "credit" account?
<bot>: The main difference between a debit and a credit account is the source of money. A debit account draws from funds that have already been deposited in the account, while a credit account draws from a line of credit set up by a financial institution. Additionally, for debit accounts, money is immediately taken out of the account when a purchase is made, while for credit accounts, the purchase amount is added to an account balance to be paid at a later date.