account

5 ENTRIES FOUND:

1ac·count

noun \ə-ˈkant\

: a record of money that has been paid and money that has been received

accounts : records of income and expenses

: an arrangement in which a bank keeps a record of the money that a person puts in and takes out of the bank

Full Definition of ACCOUNT

1
archaic :  reckoning, computation
2
a :  a record of debit and credit entries to cover transactions involving a particular item or a particular person or concern
b :  a statement of transactions during a fiscal period and the resulting balance
3
a :  a statement explaining one's conduct
b :  a statement or exposition of reasons, causes, or motives <no satisfactory account of these phenomena>
c :  a reason for an action :  basis <on that account I must refuse>
4
a (1) :  a formal business arrangement providing for regular dealings or services (as banking, advertising, or store credit) and involving the establishment and maintenance of an account; also :  client, customer (2) :  money deposited in a bank account and subject to withdrawal by the depositor
b :  an arrangement in which a person uses the Internet or e-mail services of a particular company
5
a :  value, importance <it's of no account to me>
b :  esteem <stood high in their account>
6
:  advantage <turned her wit to good account>
7
a :  careful thought :  consideration <have to take many things into account>
b :  a usually mental record :  track <keep account of all you do>
8
:  a description of facts, conditions, or events :  report, narrative <the newspaper account of the fire> <by all accounts they're well-off>; also :  performance <a straightforward account of the sonata>
on account
:  with the price charged to one's account
on account of
:  for the sake of :  by reason of
on no account
:  under no circumstances
on one's own account
1
:  on one's own behalf
2
:  at one's own risk
3
:  by oneself :  on one's own

Examples of ACCOUNT

  1. the difference between the debit and credit sides of an account
  2. We always keep very good accounts.
  3. We opened new accounts at a bank last week.
  4. I took out my money and closed my account.
  5. You can withdraw up to $1,000 a day from your account.
  6. Every week, she puts a part of her paycheck into a separate account.
  7. setting up a bank account

Origin of ACCOUNT

Middle English acounte, accompte, from Anglo-French acunte, from acunter
First Known Use: 14th century

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

2account

verb

: to think of (someone or something) in a specified way

Full Definition of ACCOUNT

transitive verb
1
:  to think of as :  consider <accounts himself lucky>
2
:  to probe into :  analyze
intransitive verb
1
:  to furnish a justifying analysis or explanation —used with for <couldn't account for the loss>
2
a :  to be the sole or primary factor —used with for <the pitcher accounted for all three putouts>
b :  to bring about the capture, death, or destruction of something —used with for <accounted for two rabbits>

Examples of ACCOUNT

  1. <account themselves lucky to be alive>

Origin of ACCOUNT

Middle English, from Anglo-French acunter, from a- (from Latin ad-) + cunter to count
First Known Use: 14th century

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