1. debiting - Noun
2. debiting - Verb
of Debit
Source: Webster's dictionaryWhile loan providers choose to list debiting straight from your own banking account as a confident, in the event that you don’t have the funds to cover back once again your loan, it may induce overdrawing and more charges. Source: Internet
But there are also reports that many banks are debiting and are not reversing it. Source: Internet