Possible to bold or indent text in the description field?

Possible to bold or indent text in the description field?

As part of one item, I often have a detailed description that would be much easier to read if there was the ability to have a bulleted list or bold text and the like. Is this possible? My last invoicing software allowed markup in the field so, for example, an asterisk meant a bullet. I haven't been able to find any documentation related to this. 

Any information would be appreciated. Thank you.

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