Definition of accounting
1 : the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results; also : the principles and procedures of this system studied accounting as a freshman
3 : account 2 They were required to provide a detailed accounting of their actions.
Examples of accounting in a sentence
what accounting can you give for your bizarre actions on the night in question?
First Known Use of accounting
ACCOUNTING Defined for English Language Learners
Definition of accounting for English Language Learners
: the skill, system, or job of keeping the financial records of a business or person
ACCOUNTING Defined for Kids
Definition of accounting for Students
: the work of keeping a person's or a business's financial records
Legal Definition of accounting
1 : an often court-ordered presentment or examination of accounts a complete accounting would be necessary to determine the nature of the expenditures — Case & Comment
2 : the settlement by judicial action of the assets of a partnership (as upon dissolution)
Learn More about accounting
See words that rhyme with accounting Thesaurus: All synonyms and antonyms for accounting Spanish Central: Translation of accounting Nglish: Translation of accounting for Spanish speakers Britannica English: Translation of accounting for Arabic speakers Britannica.com: Encyclopedia article about accounting
Seen and Heard
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