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1. Dictionary

   account

   /əˈkaʊnt/

   noun

   • 1. a report or description of an event or experience: "a detailed account of what has been achieved" Similar descriptionreportversionstorynarrationnarrativestatementnewsexplanationexpositioninterpretationcommuniquérecitalrenditionsketchdelineationportrayaltalechroniclehistoryrecordarchiveannalminutetransactionproceedingtranscriptdiaryjournalweblogblogvlogmoblogmemoirreviewregisterlogrelationrehearsalsideviewimpressioninformal:sitrep
   • ▪ an interpretation or rendering of a piece of music: "a lively account of Offenbach's score" Similar performanceinterpretationrenderingrenditionreadingrecitalplayingsingingexecution
   • 2. a record or statement of financial expenditure and receipts relating to a particular period or purpose: "the barman was doing his accounts" Similar financial recordbookledgerjournalbalance sheetfinancial statementresults
   • ▪ the department of a company that deals with financial accounts: "the people from Accounts"
   • ▪ a bill for goods or services provided over a period: British "there's no money to pay the tradesmen's accounts this month" Similar billinvoicestatementlist of chargesreckoningtallydebtamount duecheckinformal:tabarchaic:score
   • 3. an arrangement by which a body holds funds on behalf of a client or supplies goods or services to them on credit: "a bank account" Similar bank accountsavings accountcurrent accountdeposit account
   • ▪ a client having an account with a supplier: "selling bibles to established accounts in the North"
   • ▪ a contract to do work for a client: "another agency was awarded the account"
   • ▪ a fixed period on a stock exchange, at the end of which payment must be made for stock that has been bought. British
   • 4. an arrangement by which a user is given personalized access to a computer, website, or application, typically by entering a username and password: "we've reset your password to prevent others from accessing your account"
   • 5. importance: "money was of no account to her" Similar importanceimportsignificanceconsequencemomentmomentousnesssubstancenotemarkprominencevalueweightinessweightconcerninterestgravityseriousness

   verb

   • 1. consider or regard in a specified way: "her visit could not be accounted a success"
   • 2. prepare or present a record an account of money given or received: rare "in order that he may be able to account accurately, the trustee should not mingle the trust property with other property"

   Word Origin Middle English (in the sense ‘counting’, ‘to count’): from Old French acont (noun), aconter (verb), based on conter ‘to count’.

   Scrabble Points: 11

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2. www.accountingtools.com › articles › what-is-an-accountAccount definition — AccountingTools

   www.accountingtools.com › articles › what-is-an-account

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   Dec 14, 2023 · An account can refer to a general ledger account, a customer account, or a sale that is made on account, depending on the context.

3. www.merriam-webster.com › dictionary › account for (something)Account for (something) Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › account for (something)

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   Jun 9, 2024 · The meaning of ACCOUNT FOR (SOMETHING) is to give a reason or explanation for (something). How to use account for (something) in a sentence.

4. www.accounting.com › resources › basic-accounting-termsBasic Accounting- Terminology & Definitions

   www.accounting.com › resources › basic-accounting-terms

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   Oct 18, 2023 · Accounting is the process of tracking and recording financial activity. People and businesses use the principles of accounting to assess their financial health and performance. Accounting also serves as a useful way for people and companies to honor their tax obligations. The history of accounting dates back to ancient times.

5. www.indeed.com › career-advice › career-development5 Different Types of Accounts in Accounting (Plus Examples)

   www.indeed.com › career-advice › career-development

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   Sep 29, 2023 · An account is a specific record within a company's financial ledger or balance sheet. Accountants, finance experts and bookkeepers can use accounts to record important financial information, like reporting daily transactions to verify the exact amount of money a company has at any moment.

6. www.investopedia.com › terms › aAccounting Explained With Brief History and Modern Job...

   www.investopedia.com › terms › a

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   3 days ago · Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions...

7. www.investopedia.com › terms › cWhat Is a Checking Account? Here's Everything You Need To Know

   www.investopedia.com › terms › c

   • Cached

   Feb 19, 2024 · A checking account is an account held at a financial institution that allows deposits and withdrawals. Learn how checking accounts work and how to get one.

8. www.investopedia.com › terms › sWhat Is a Savings Account and How Does It Work? - Investopedia

   www.investopedia.com › terms › s

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   Jun 20, 2024 · Savings accounts are bank or credit union accounts designed to keep your money safe while paying interest. Your savings account funds will be easily accessible, which can be ideal...

9. www.financestrategists.com › accounting › introduction-to-accountingAccounts Payable (AP) | Definition, How It Works & Example

   www.financestrategists.com › accounting › introduction-to-accounting

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   Apr 6, 2024 · Accounts Payable, or AP in its abbreviated form, is a ledger entry made for amounts owed to creditors in the short-term, typically less than a year, on an open account. It is generally recorded as a collection of invoices and promissory notes received from a vendor.

10. www.indeed.com › career-advice › finding-a-jobWhat Is Account Management? (With Duties and Skills)

    www.indeed.com › career-advice › finding-a-job

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    Aug 18, 2023 · Updated August 18, 2023. Account management is an important strategy a business use to strengthen client relationships. This function is the responsibility of account managers who ensure customers get the best product or service delivery for repeat business.

11. www.forbes.com › advisor › businessWhat Is Accounting? The Basics Of Accounting – Forbes Advisor

    www.forbes.com › advisor › business

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    Jun 12, 2024 · Accounting is the process of recording, classifying and summarizing financial transactions. It provides a clear picture of the financial health of your organization and its...