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Definition of accounting

accounting

/əˈkaʊn.tɪŋ/
ac · count · ing
Plural:accountings
•
Adjective:accountable
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accounting Lexical Profile

accounting Game Scores & Validity

• noun

1

The system or profession of recording, classifying, summarizing, and analyzing financial transactions for a business or organization.

Example

"She majored in accounting at university before joining a financial consulting firm."

2

A detailed report, explanation, or reckoning of actions, expenditures, or events.

Example

"The committee demanded a full accounting of how the emergency funds were spent."

Synonyms
View all synonyms for accounting

• Rhymes for accounting

• Nearby Words

accountably
accountancy
accountant
accounting
accoutrements
accra
accredit

Word Origin & Etymology

Derived from the verb 'account', which entered Middle English from Old French 'acunter' (to reckon or tell), ultimately from Late Latin 'accomputare', combining 'ad-' (to) and 'computare' (to calculate).

Cite this Entry

Wordmom. (2026). Definition of Accounting. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/accounting
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