Question : Select the most appropriate ANTONYM of the given word.
Credit
Option 1: Litigate
Option 2: Install
Option 3: Debit
Option 4: Impute
Correct Answer: Debit
Solution : The third option is correct.
The given word is credit , and the most appropriate antonym is debit .
In financial terms, credit refers to an entry that records an increase in assets or a decrease in liabilities on a balance sheet, indicating that money has been received or borrowed. On the other hand, debit is the opposite, representing an entry that records an increase in liabilities or a decrease in assets, typically reflecting money being paid or withdrawn.
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