double entry

noun

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

Examples of double entry in a Sentence

Recent Examples on the Web

The other two, published in 16th-century Antwerp and London, reflect double entry’s movement west across Europe. Jane Gleeson-white, WSJ, "‘The Big Four’ Review: Titans of the Books," 23 Sep. 2018 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.

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First Known Use of double entry

1741, in the meaning defined above

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Time Traveler for double entry

The first known use of double entry was in 1741

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