double entry

noun

|Updated on: 14 Jul 2018

Definition of double entry

: a method of bookkeeping that recognizes both sides of a business transaction by debiting the amount of the transaction to one account and crediting it to another account so the total debits equal the total credits

Recent Examples of double entry from the Web

It was named for the Medici Bank of Florence — a pioneer of the double entry bookkeeping that revolutionized money and banking in the Renaissance.

— New York Times, "From Furniture to Cryptocurrency — Overstock Is on a Journey," 27 June 2018
The gravel driveway leads to a lower-level, two-car garage, and also winds past a cobblestone walkway leading to double entry doors topped by a half-moon window.

— New York Times, "House Hunting in … Portugal," 6 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'double entry.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.