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

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.

First Known Use of double entry

1741

in the meaning defined above

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