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accounting

  • noun
  • /əˈkaʊn.tɪŋ/

The development and use of a system for recording and analyzing the financial transactions and financial status of an individual or a business.

Other meanings

  1. A relaying of events; justification of actions.

    “He was required to give a thorough accounting of his time.”

  2. An equitable remedy requiring wrongfully obtained profits to be distributed to those who deserve them.

Related words

  • funny accounting
  • nonaccounting
  • preaccounting
  • creative accounting
  • financial accounting
  • green accounting
  • Hollywood accounting
  • accounting cost
  • accounting equation
  • accounting machine
  • accounting period
  • accounting profit

Where this comes from

This definition is adapted from “accounting” on Wiktionary, by its contributors, published under CC BY-SA 4.0. This page is published under the same licence.