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Meaning of accounting

Source language: EnglishDictionary language: English

accounting

Pronunciation:/ə.ˈkaʊn.tɪŋ/

verb

Definitions

  1. To provide explanation.

  2. To count.

noun

Definitions

  1. The development and use of a system for recording and analyzing the financial transactions and financial status of an individual or a business.

  2. A relaying of events; justification of actions.

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

  3. An equitable remedy requiring wrongfully obtained profits to be distributed to those who deserve them.

adjective

Definitions

  1. Of or relating to accounting.

    Example: General accepted accounting principles