Definition for accounting (2 of 2)
- a formal record of the debits and credits relating to the person, business, etc., named at the head of the ledger account.
- a balance of a specified period's receipts and expenditures.
- a business relation in which credit is used.
- any customer or client, especially one carried on a regular credit basis.
- Also called advertising account. the business assigned to an advertising agency by a client: The toothpaste account was awarded to a new agency last year.
verb (used without object)
verb (used with object)
Origin of account
Related formspre·ac·count, verbsub·ac·count, nounun·ac·count·ed, adjective
Examples from the Web for accounting
Brat has also worked as an economist in the Army and for the accounting firm Arthur Andersen.
Combined they sold about 27,000 units, accounting for about 45 percent of the total hybrid market.
Nu Nu Yin, 30, left her accounting job in August to open Fantastic Inle Travel & Tours with her lover.
What does it say that a VA hospital with this many complaints has not only avoided an accounting—but actually received awards?Exclusive: Texas VA Run Like a ‘Crime Syndicate,’ Whistleblower Says|Jacob Siegel|May 28, 2014|DAILY BEAST
If there's no accounting for taste, there's no accounting for tastelessness, certainly.Our Dumb Puritan Laws: Sex Bans and Illegal Adultery|Kevin Bleyer|April 20, 2014|DAILY BEAST
He brought an action before the Alcalde for an accounting and for the affirmation of his interest in the claims.Memoirs of Orange Jacobs|Orange Jacobs
If you consider the matter rightly, therefore, instead of accounting me an enemy, you will rank me among your benefactors.Jane Talbot|Charles Brockden Brown
The body continues to lengthen, accounting for the increase in total length of the adult (see table 1).Speciation and Evolution of the Pygmy Mice, Genus Baiomys|Robert L. Packard
Such, Gentlemen, is the fundamental truth on which rests all religion, and all philosophy capable of accounting for facts.The Heavenly Father|Ernest Naville
His work brings him in contact with both the sales and accounting departments.
British Dictionary definitions for accounting (1 of 2)
- the skill or practice of maintaining and auditing accounts and preparing reports on the assets, liabilities, etc, of a business
- (as modifier)an accounting period; accounting entity
British Dictionary definitions for accounting (2 of 2)
- a business relationship between a bank, department store, stockbroker, etc, and a depositor, customer, or client permitting the latter certain banking or credit services
- the sum of money deposited at a bank
- the amount of credit available to the holder of an account
- a record of these
- a regular client or customer, esp a firm that purchases commodities on credit
- an area of business assigned to anotherthey transferred their publicity account to a new agent
- to insist on explanation
- to rebuke; reprimand
- to hold responsible
- on credit
- Also: to account as partial payment
- to pay or receive a balance due
- to get revenge on (someone)
Word Origin for account
Culture definitions for accounting
The system of recording and auditing business transactions. (See audit.)
Idioms and Phrases with accounting
In addition to the idiom beginning with account
- account for
- all present and accounted for
- by all accounts
- call to account
- give a good account
- no accounting for tastes
- on account of
- on no account
- on one's own account
- take account of
- take into account
- turn to good account