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audit

[aw-dit]
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noun
  1. an official examination and verification of accounts and records, especially of financial accounts.
  2. a report or statement reflecting an audit; a final statement of account.
  3. the inspection or examination of a building or other facility to evaluate or improve its appropriateness, safety, efficiency, or the like: An energy audit can suggest ways to reduce home fuel bills.
  4. Archaic. a judicial hearing.
  5. Obsolete. an audience.
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verb (used with object)
  1. to make an audit of; examine (accounts, records, etc.) for purposes of verification: The accountants audited the company's books at the end of the fiscal year.
  2. to attend (classes, lectures, etc.) as an auditor.
  3. to make an audit of (a building or other facility) to evaluate or improve its safety, efficiency, or the like.
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verb (used without object)
  1. to examine and verify an account or accounts by reference to vouchers.
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Origin of audit

1400–50; late Middle English audite < Latin audītus the sense or act of hearing, equivalent to audī(re) to hear + -tus suffix of v. action
Related formsau·dit·a·ble, adjectivere·au·dit, noun, verbun·au·dit·ed, adjectivewell-au·dit·ed, adjective
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for auditable

audit

noun
    1. an inspection, correction, and verification of business accounts, conducted by an independent qualified accountant
    2. (as modifier)audit report
  1. US an audited account
  2. any thoroughgoing check or examination
  3. archaic a hearing
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verb
  1. to inspect, correct, and certify (accounts, etc)
  2. US and Canadian to attend (classes, etc) as an auditor
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Word Origin

C15: from Latin audītus a hearing, from audīre to hear
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Word Origin and History for auditable

audit

n.

early 15c., from Latin auditus "a hearing," past participle of audire "hear" (see audience). Official examination of accounts, which originally was an oral procedure.

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audit

v.

mid-15c., from audit (n.). Related: Audited; auditing.

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Online Etymology Dictionary, © 2010 Douglas Harper

auditable in Culture

audit

The examination by an outside party of the accounts of an individual or corporation.

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The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.