English · Work & Business
accounting
/əˈkaʊn.tɪŋ/
[/əˈkaʊn.tɪŋ/]
recording of finances
Intermediatenoun
Definition
The process of keeping and checking financial records of a business or person.
Example
She studied accounting so she could manage the finances of her family's small business.
She studied accounting so she could manage the finances of her family's small business.
Etymology
From 'account' (Old French 'aconter', to count) plus '-ing'.
How & Where It’s Used
A core business discipline distinct from but related to bookkeeping.