a chronological list of debits and credits relating to a specified asset, liability, expense, or income of a business and forming part of the ledger
Once again, the company has failed to file its accounts on time.
He had to submit his accounts for inspection.
He has to keep detailed accounts.
You should keep detailed accounts of all your transactions.
I do the accounts and look after the shop.
She spends half a day a week doing the accounts.
b.
(as modifier)
an accounts book
noun
2. another name for accounts department
Examples of 'accounts' in a sentence
accounts
It also accounts -- the sinking of the Edinburgh, I mean -- for the rather underhanded decision to use the San Andreas.
Maclean, Alistair SAN ANDREAS (2001)
He taught her maths, and by the age of sixteen she was already in charge of all the business accounts.
MacNeill, Alastair THE DEVIL'S DOOR (2001)
All related terms of 'accounts'
account
If you have an account with a bank or a similar organization, you have an arrangement to leave your money there and take some out when you need it.
acct
account
accounts payable
A company's accounts payable are all the money that it owes to other companies for goods or services that it has received , or a list of these companies and the amounts owed to them.
company accounts
Accounts are detailed records of all the money that a person or business receives and spends .
interim accounts
accounts published in the course of the financial year
accounts department
the section of a company that deals with the accounts
accounts receivable
A company's accounts receivable are all the money that it is owed by other companies for goods or services that it has supplied , or a list of these companies and the amounts that they owe.
chart of accounts
A chart of accounts is a list of all the accounts used in a business to classify transactions or report balances .
T account
A T account is a type of account that uses two columns to show debits and credits .
abstract of accounts
a published condensed summary of a company or organization's annual accounts
settle accounts with
to pay or receive a balance due
no-account
A no-account person or thing is one that you consider worthless.
to account
→ another name for account (sense 16b )
by/from all accounts
If you say that something is true by all accounts or from all accounts , you believe it is true because other people say so.
settle (one's) accounts
To settle accounts with an enemy or opponent means to bring your fight or quarrel to an end by defeating them.
account for
If a particular thing accounts for a part or proportion of something, that part or proportion consists of that thing, or is used or produced by it.
bank account
A bank account is an arrangement with a bank which allows you to keep your money in the bank and to take some out when you need it.
cash account
an account with a brokerage which stipulates that the client pays in full for any transactions , rather than being extended credit
dead account
an account that is no longer being used and on which no transactions have taken place for a considerable length of time
loan account
a bank account that is set up as a repayment method for a customer who has been given a bank loan
open account
See current account (sense 1 )
wrap account
a personally managed investment account where charges are levied on the basis of the account's total assets
account current
a record of business transactions that shows the total amount of money owed as of the date of the summarizing statement
account payable
a current liability account showing amounts payable by a firm to suppliers for purchases of materials, stocks , or services on credit
banking account
Brit See bank account
budget account
an account with a department store , etc, enabling a customer to make monthly payments to cover his or her past and future purchases
capital account
A country's capital account is the part of its balance of payments that is concerned with the movement of capital.
charge account
a business arrangement by which a customer may buy goods or services and pay for them within a specified future period
cheque account
an account at a bank or a building society upon which cheques can be drawn
contra account
A contra account is an account with a balance that is the opposite of the normal balance of a related account.
control account
an account to which are posted the debit and credit totals of other accounts, usually in preparation of financial statements
credit account
a credit system by means of which customers may obtain goods and services before payment
current account
A current account is a personal bank account which you can take money out of at any time using your cheque book or cash card .
debit account
a bank account which allows you to buy goods or services with money that you have put into the account
deposit account
A deposit account is a type of bank account where the money in it earns interest.
drawing account
an account out of which an employee , partner , or salesperson may make withdrawals to meet expenses or as advances against expected income
equity account
An equity account is an account recording ownership interests in a company.
escrow account
an account in which money, goods, or a written document are held in escrow
expense account
An expense account is an arrangement between an employer and an employee which allows the employee to spend the company's money on things relating to their job , for example travelling or looking after clients .
expenses sheet
an arrangement by which expenses incurred in the course of a person's work are refunded by the employer or deducted from his or her income for tax purposes
frozen account
A frozen account is a bank account that cannot have money withdrawn from it, because of a court order.
income account
An income account is an account that records income or revenue .
J/A
joint account
joint account
a bank account registered in the name of two or more persons, any of whom may make deposits and withdrawals
nostro account
a bank account conducted by a British bank with a foreign bank, usually in the foreign currency
revenue account
an account compiled at the end of a financial year showing that year's revenue and expense items and indicating gross and net profit or loss
running account
an account at a bank or building society against which cheques may be drawn at any time
savings account
an account at a bank that accumulates interest
share account
a savings account in a credit union
short account
the aggregate of short sales on an open market , esp a stock market