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 ]

  4. a bookkeepers chronological list of related debits and credits of a business; forms part of a ledger of accounts

    [ Syn: accounting system , method of accounting ]

  5. a statement of recent transactions and the resulting balance; they send me an accounting every month

    [ Syn: account , account statement ]

The dictionary is based on the WordNet Electronic Lexical Database.
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