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Accounting

2 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

Account \Ac*count"\, verb (used with an object) [imp. & p. p. {Accounted}; p. pr. & vb. n. {Accounting}.] [OE. acounten, accompten, OF. aconter, ['a] (L. ad) + conter to count. F. conter to tell, compter to count, L. computare. See {Count}, verb (used with an object)]

1. To reckon; to compute; to count. [Obs.]

The motion of . . . the sun whereby years are accounted. --Sir T. Browne.

2. To place to one's account; to put to the credit of; to assign; -- with to. [R.] --Clarendon.

3. To value, estimate, or hold in opinion; to judge or consider; to deem.

Accounting that God was able to raise him up. --Heb. xi. 19.

4. To recount; to relate. [Obs.] --Chaucer.

From WordNet (r) 3.0 (2006) [wn]:

accounting

noun

1: a convincing explanation that reveals basic causes; "he was unable to give a clear accounting for his actions"

2: a system that provides quantitative information about finances

3: the occupation of maintaining and auditing records and preparing financial reports for a business [syn: {accountancy}, {accounting}]

4: a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts [syn: {accounting}, {accounting system}, {method of accounting}]

5: a statement of recent transactions and the resulting balance; "they send me an accounting every month" [syn: {account}, {accounting}, {account statement}]


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