recordkeeping

American  

[rek-erd-kee-ping] / ˈrɛk ərdˌki pɪŋ /

noun

1. the maintenance of a history of one's activities, as financial dealings, by entering data in ledgers or journals, putting documents in files, etc.

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Usage

What does recordkeeping mean? Recordkeeping is the act of keeping track of the history of a person’s or organization’s activities, generally by creating and storing consistent, formal records.Recordkeeping is keeping records, or ”units of preserved information in some permanent form (written documents, photographs, recordings, etc.).” Record can also refer to a collection of such items or a history in general. Recordkeeping is typically used in the context of official accounting, especially for businesses or other organizations.Example: The company’s recordkeeping was very extensive, with each employee’s hiring, pay, and job performance thoroughly documented.

Etymology

Origin of recordkeeping

First recorded in 1960–65; record + keep + -ing ¹

Example Sentences

A handful of trial firms are leading the charge, specializing in cookie-cutter cases that claim operators aren’t administering plans for the “sole benefit” of workers—alleging excessive investment or recordkeeping fees, or deficient investment performance.

From The Wall Street Journal

“This is the first time that we hear Dora speaking Quechua, and we went through great lengths to make sure that the pronunciation was right,” says Belli, who also consulted with Incan culture experts on the Andean kinship principle of “ayllu,” along with the use of “quipu,” a recordkeeping device of knotted cords — both elements which are included in the storyline.

From Los Angeles Times

Quan, who leads a transparency-focused good-government advocacy group, said he believed proper recordkeeping from January was all the more important given the historic importance of the fires.

From Los Angeles Times

The same week that the fires began, government agencies in the U.S. and around the world confirmed that 2024 was the planet’s hottest year since recordkeeping began in 1880.

From Los Angeles Times

The report found that recordkeeping and the maintenance of medical records at all six facilities were deficient, noting that the poor recordkeeping was “especially concerning given the critical nature of the records and the high degree of confidentiality these records require.”

From Los Angeles Times