accounting

[ uh-koun-ting ]

/ əˈkaʊn tɪŋ /

noun

the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc. (distinguished from bookkeeping).

a detailed report of the financial state or transactions of a person or entity: an accounting of the estate.

the rendering or submission of such a report.

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You may have read the word "simmer" in a recipe or two, but what does it really mean?

To cook in water that begins cold and then reaches a boil.

To stew in a sauce for a long time.

To cook in water, just below boiling temperature.

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Origin of accounting

Middle English word dating back to 1350–1400; see origin at account, -ing¹

WORDS THAT MAY BE CONFUSED WITH accounting

accounting , bookkeeping, finance(s)

Words nearby accounting

account book, account current, account day, account executive, account for, accounting, accounting machine, accounting period, account payable, account receivable, accouplement

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

Example sentences from the Web for accounting

Instead, The Post has tried to create an accounting of these payments, one receipt at a time, using public-records requests and lawsuits.
Trump’s businesses charged Secret Service more than $1.1 million, including for rooms in club shuttered for pandemic|David Fahrenthold, Josh Dawsey|September 17, 2020|Washington Post
Another layer of complexity is added by recent adoption of the “current expected credit losses” accounting standard, under which banks must estimate losses for the whole life of a loan.
A Loan Crisis Looms for Commercial Property|Daniel Malloy|September 8, 2020|Ozy
Yet the state’s justice courts are excluded from this requirement, making a complete accounting of debt lawsuits impossible unless the state’s 803 justice courts choose to make their records public.
How We Found Out How Many Debt Collection Lawsuits Oportun Inc. Filed During the Pandemic|by Ren Larson and Kiah Collier|August 31, 2020|ProPublica
A full accounting, implying a perfect prediction, would demand an infinite number of diagrams.
The Mathematical Structure of Particle Collisions Comes Into View|Charlie Wood|August 20, 2020|Quanta Magazine

That means people who specialize in civil rights law, auditing and accounting, and encryption security.
Years Into Smart Streetlights Program, Council Will Write Surveillance Rules|Jesse Marx|July 9, 2020|Voice of San Diego
Brat has also worked as an economist in the Army and for the accounting firm Arthur Andersen.
Who Is David Brat?|Ben Jacobs|June 11, 2014|DAILY BEAST
Combined they sold about 27,000 units, accounting for about 45 percent of the total hybrid market.
Hybrid Cars Are Niche No More|The Daily Beast|June 6, 2014|DAILY BEAST
Nu Nu Yin, 30, left her accounting job in August to open Fantastic Inle Travel & Tours with her lover.
A Little Too Off the Beaten Path in Burma|Katya Cengel|June 2, 2014|DAILY BEAST
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.
Cyclopedia of Commerce, Accountancy, Business Administration, v. 1|Various

British Dictionary definitions for accounting

accounting

/ (əˈkaʊntɪŋ) /

noun

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

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

Cultural definitions for accounting

accounting

The system of recording and auditing business transactions. (See audit.)

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accounting

noun

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Origin of accounting

WORDS THAT MAY BE CONFUSED WITH accounting

Words nearby accounting

Example sentences from the Web for accounting

British Dictionary definitions for accounting

noun

Cultural definitions for accounting

MEANINGS

WORD GAMES

LEARN

WRITING

WORD OF THE DAY

accounting

noun

QUIZZES

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Origin of accounting

WORDS THAT MAY BE CONFUSED WITH accounting

Words nearby accounting

Words related to accounting

Example sentences from the Web for accounting

British Dictionary definitions for accounting

noun

Cultural definitions for accounting