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Accounting

//əˈkaʊn.tɪŋ// noun, verb

Noun

1
The development and use of a system for recording and analyzing the financial transactions and financial status of an individual or a business. uncountable, usually
"British Railways are beginning to reap the advantages of electronics applied to accounting. At Swindon Works, a computor, the first of its type to be used anywhere in the world, was installed recently to deal with the pay of some 10,000 employees."
2
the occupation of maintaining and auditing records and preparing financial reports for a business wordnet
3
A relaying of events; justification of actions. uncountable, usually
"He was required to give a thorough accounting of his time."
4
a system that provides quantitative information about finances wordnet
5
An equitable remedy requiring wrongfully obtained profits to be distributed to those who deserve them. uncountable, usually
"In contrast, an accounting for profits, or accounting— a distinct form of relief that the majority groups with disgorgement — has a well-accepted definition: It compels a defendant to account for, and repay to a plaintiff, those profits that belong to the plaintiff in equity."

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6
a convincing explanation that reveals basic causes wordnet
7
a statement of recent transactions and the resulting balance wordnet
8
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts wordnet

Verb

Etymology 1

* First attested in the late 14th century. * account + -ing

Etymology 2

* First attested in the late 14th century. * account + -ing

Unscramble this word: accounting