Crossword Genius

A small part in action was taken away (7)

Ross

I believe the answer is:

debited

I'm a little stuck... Click here to teach me more about this clue!

'taken away' is the definition.
The answer and definition can be both to do with ownership as well as being past participle verbs.
Maybe they are linked in a way I don't understand?

'a small part in action' is the wordplay.
'a small part' becomes 'bit' (both mean a piece of something. I am not sure about the 'small' bit.).
'in' indicates putting letters inside.
'action' becomes 'deed' (deed is a kind of action).
'bit' put within 'deed' is 'DEBITED'.

'was' acts as a link.

Can you help me to learn more?

(Other definitions for debited that I've seen before include "Taken from an account" , "Deducted" , "recorded in account" .)

I've seen this clue in The Hindu.
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