Definition of ACCOUNTING

accounting

Plural: accountings

Noun

  • a convincing explanation that reveals basic causes
    • "he was unable to give a clear accounting for his actions"
  • a system that provides quantitative information about finances
  • the occupation of maintaining and auditing records and preparing financial reports for a business
  • a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
  • a statement of recent transactions and the resulting balance
    • "they send me an accounting every month"
  • The development and use of a system for recording and analyzing the financial transactions and financial status of an individual or a business.
  • A relaying of events; justification of actions.
  • An equitable remedy requiring wrongfully obtained profits to be distributed to those who deserve them.

Verb

  • be the sole or primary factor in the existence, acquisition, supply, or disposal of something
  • keep an account of
  • to give an account or representation of in words
  • furnish a justifying analysis or explanation
  • present participle and gerund of account

Examples

  • He was required to give a thorough accounting of his time.

Origin / Etymology

* First attested in the late 14th century.
* account + -ing

Synonyms

account, account statement, accountancy, accounting system, answer for, calculate, describe, method of accounting, report

Scrabble Score: 15

accounting: valid Scrabble (US) TWL Word
accounting: valid Scrabble Word in Merriam-Webster MW Dictionary
accounting: valid Scrabble Word in International Collins CSW Dictionary

Words With Friends Score: 21

accounting: valid Words With Friends Word