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Meaning of accounting


1 definition found

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

  accounting
      n 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}]


WordNet ® Princeton University. http://wordnet.princeton.edu

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