Link Centre Dictionary

accounting

ac·coun·ting

UK/əˈkaʊn.tɪŋ/ US/ʌˈkaʊnɪŋ/ fairly common

noun

1.

a convincing explanation that reveals basic causes

  • “he was unable to give a clear accounting for his actions”
3.

the occupation of maintaining and auditing records and preparing financial reports for a business

Synonyms
4.

a bookkeeper''s chronological list of related debits and credits of a business; forms part of a ledger of accounts

5.

a statement of recent transactions and the resulting balance

  • “they send me an accounting every month”

Origin

* First attested in the late 14th century. * account + -ing

Phrases

  • accounting cost
  • accounting equation
  • accounting machine
  • accounting period
  • accounting profit
  • accounting year
  • cookie-jar accounting
  • creative accounting

Related words

Word family

Parts

Part of

WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). CMU Pronouncing Dictionary. WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.