account
n.
business agreement which allows use of something; formal business agreement in which a client is provided access to a computer system or Internet server (Computers, Internet); report; description; explanation
v.
explain; give a report; cause; regard
Accountancy
Accountancy (
profession) or accounting (
methodology) is the measurement, statement or provision of assurance about financial information primarily used by managers, investors, tax authorities and other decision makers to make resource allocation decisions within companies, organizations, and public agencies. The terms derive from the use of financial
accounts.
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account
Noun
1. a formal contractual relationship established to provide for regular banking or brokerage or business services; "he asked to see the executive who handled his account"
(synonym) business relationship
(hypernym) relationship
(hyponym) brokerage account
2. the act of informing by verbal report; "he heard reports that they were causing trouble"; "by all accounts they were a happy couple"
(synonym) report
(hypernym) informing, making known
(hyponym) summarization, summarisation
3. a record or narrative description of past events; "a history of France"; "he gave an inaccurate account of the plot to kill the president"; "the story of exposure to lead"
(synonym) history, chronicle, story
(hypernym) record
(hyponym) ancient history
(classification) history
4. a short account of the news; "the report of his speech"; "the story was on the 11 o'clock news"; "the account of his speech that was given on the evening news made the governor furious"
(synonym) report, news report, story, write up
(hypernym) news
(hyponym) newsletter, newssheet
5. a statement of recent transactions and the resulting balance; "they send me an accounting every month"
(synonym) accounting, account statement
(hypernym) statement, financial statement
(hyponym) capital account
(part-meronym) balance
6. a statement that makes something comprehensible by describing the relevant structure or operation or circumstances etc.; "the explanation was very simple"; "I expected a brief account"
(synonym) explanation
(hypernym) statement
(hyponym) simplification
(part-meronym) explicandum, explanandum
(derivation) report, describe
7. an itemized statement of money owed for goods shipped or services rendered; "he paid his bill and left"; "send me an account of what I owe"
(synonym) bill, invoice
(hypernym) statement, financial statement
(hyponym) electric bill
(derivation) calculate
8. grounds; "don't do it on my account"; "the paper was rejected on account of its length"; "he tried to blame the victim but his success on that score was doubtful"
(synonym) score
(hypernym) reason, ground
9. importance or value; "a person of considerable account"; "he predicted that although it is of small account now it will rapidly increase in importance"
(hypernym) importance
10. the quality of taking advantage; "she turned her writing skills to good account"
(hypernym) profit, gain
Verb
1. be the sole or primary factor in the existence, acquisition, supply, or disposal of something; "Passing grades account for half of the grades given in this exam"
(hypernym) be
2. keep an account of
(synonym) calculate
(hyponym) credit
(derivation) bill, invoice
3. to give an account or representation of in words; "Discreet Italian police described it in a manner typically continental"
(synonym) report, describe
(hypernym) inform
(derivation) explanation
4. furnish a justifying analysis or explanation; "I can't account for the missing money"
(synonym) answer for
(hypernym) declare
(derivation) explanation
Accounts
To dream of having accounts presented to you for payment, you will be in a dangerous position. You may have recourse to law to disentangle yourself. If you pay the accounts, you will soon effect a compromise in some serious dispute.
To hold accounts against others, foretells that disagreeable contingencies will arise in your business, marring the smoothness of its management.
For a young woman book-keeper to dream of footing up accounts, denotes that she will have trouble in business, and in her love affairs; but some worthy person will persuade her to account for his happiness. She will be much respected by her present employers.
Ten Thousand Dreams Interpreted, or "What's in a dream": a scientific and practical exposition; By Gustavus Hindman, 1910. For the open domain e-text see:
Guttenberg Project
Farm and risk management (FARRM) accounts
A proposal that would permit farmers and ranchers to put aside money in good (higher-income) years without having to pay taxes on the savings until it is withdrawn at a later time, presumably in lower-income years when taxable income also would be lower. Bills to create these accounts have been introduced in Congress in recent years.