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accounting

/ə.ˈkaʊn.tɪŋ/

verb

Meaning

  • To provide explanation.

  • To count.

noun

Meaning

  • 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.

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

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

adjective

Meaning

  • Of or relating to accounting.

    "General accepted accounting principles"