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Dictionary:

account

  (ə-kount') pronunciation
n.
  1. A narrative or record of events.
    1. A reason given for a particular action or event: What is the account for this loss?
    2. A report relating to one's conduct: gave a satisfactory account of herself.
    3. A basis or ground: no reason to worry on that account.
  2. (Abbr. a/c or acct.)
    1. A formal banking, brokerage, or business relationship established to provide for regular services, dealings, and other financial transactions.
    2. A precise list or enumeration of financial transactions.
    3. Money deposited for checking, savings, or brokerage use.
    4. A customer having a business or credit relationship with a firm: salespeople visiting their accounts.
  3. Worth, standing, or importance: a landowner of some account.
  4. Profit or advantage: turned her writing skills to good account.
tr.v., -count·ed, -count·ing, -counts.

To consider as being; deem. See synonyms at consider. See Usage Note at as1.

phrasal verb:

account for

  1. To constitute the governing or primary factor in: Bad weather accounted for the long delay.
  2. To provide an explanation or justification for: The suspect couldn't account for his time that night.

idioms:

call to account

  1. To challenge or contest.
  2. To hold answerable for.
on account
  1. On credit.
on account of
  1. Because of; for the sake of: “We got married on account of the baby” (Anne Tyler).
on no account
  1. Under no circumstances.
on (one's) own account
  1. For oneself.
  2. On one's own; by oneself: He wants to work on his own account.
take into account
  1. To take into consideration; allow for.

[Middle English, from Old French acont, from aconter, to reckon : a-, to (from Latin ad-; see ad–) + cunter, to count (from Latin computāre, to sum up; see compute).]


 
 

1. An arrangement by which an organization accepts a customer's financial assets and holds them on behalf of the customer at his or her discretion.

2. A statement summarizing the record of transactions in the form of credits, debits, accruals and adjustments that have occurred and have an affect on an asset, equity, liability or past, present or future revenue.

3. A relaying of happenings from one party to another.

Investopedia Says:
1. The Knights Templar were the first to hold assets on the behalf of others and make loans on those assets. As such the Knights Templar are credited with creating the foundations of today's banking system. Accounts were first created so that people could borrow to travel to the Holy Land, and hold and amass wealth that was often stolen during the Crusades.

2. This statement of transactions is the record of the growth and development, or shrinking and amortization of almost anything quantifiable.

3. An account is the passing on of information for the purpose of explanation.

Related Links:
Learn what it means to do your homework on a company's performance and reporting practices before investing. Advanced Financial Statement Analysis
It's a part of everyone's life, and we all want it, but do you know how it gains value and how it is created? What Is Money?


 

1.business relationship between an agent and a principal-for example, between an advertising agency and an advertiser.

2.client (individual or company) of an advertising agency.

3.customer of a supplier or tradesperson-for example, a purchaser of printing supplies or art materials needed for advertising production.

 

Contractual relationship between two parties involving an exchange of funds at a later date, as between buyer and seller, or an agreement by one party to hold funds in trust for the other. It also is the continuously updated record of transactions, yielding the current balance, or Available Balance. Examples include a charge account, checking account, or trust account.

1. Accounting. A bookkeeping entry in a ledger. Examples are accounts receivable, accrued interest, allowance for bad debt.

2. Banking. (1) A record of funds on deposit under a particular name or Account Number such as a checking account, also called a Demand Deposit account, which pays no interest but allows the account holder to withdraw funds by writing checks; a Negotiable Order of Withdrawal (NOW) account, a check-like account that pays interest; a Passbook account, a savings account with no specified maturity; and a Time Deposit account, which pays interest on funds deposited for specified periods (7 days up to 7 years or more), and may be subject to an Early Withdrawal Penalty if funds are taken out before the maturity date. See also All Savers Certificate; Automatic Transfer Service (ATS); Draft; Money Market Deposit Account; Small Saver Certificate; Statement Savings Account; Super Now Account; Trust Account (2) A transaction record of a Credit Card or home equity credit line, or a commercial Accounts Receivable Financing.

3. Securities. A contractual arrangement under which securities, mutual fund shares, futures and options, and so on are bought and sold; a brokerage account.

 
Thesaurus: account
also account for

noun

  1. A recounting of past events: chronicle, description, history, narration, narrative, report, statement, story, version. See words.
  2. A statement of causes or motives: explanation, justification, rationale, rationalization, reason. See explain/baffle.
  3. A precise list of fees or charges: bill, check, invoice, reckoning, statement. Informal tab. See pay/owe.
  4. A feeling of deference, approval, and liking: admiration, appreciation, consideration, esteem, estimation, favor, honor, regard, respect. See respect/contempt/standing.
  5. A measure of those qualities that determine merit, desirability, usefulness, or importance: valuation, value, worth. See value/worthlessness/evaluation.
  6. The quality of being suitable or adaptable to an end: advantage, avail, benefit, profit, use, usefulness, utility. See used/unused.

verb

    To look upon in a particular way: consider, deem, esteem, reckon, regard, see, view. See perspective.

phrasal verb - account for

    To offer reasons for or a cause of: explain, justify, rationalize. See explain/baffle.

 

n

A basic storage unit in an accounting system. Individual accounts accept debit and credit entries that reflect the different types of transactions made by the practice.

 
This entry contains information applicable to United States law only.

A written list of transactions, noting money owed and money paid; a detailed statement of mutual demands arising out of a contract or a fiduciary relationship.

An account can simply list payments, losses, sales, debits, credits, and other monetary transactions, or it may go further and show a balance or the results of comparing opposite transactions, like purchases and sales. Businesspersons keep accounts; attorneys may keep escrow accounts; and executors must keep accounts that record transactions in administering an estate.

 

The bill provided to the client by the veterinarian setting out the sums owing for services rendered.

  • itemized a. — the provision of accounts for professional services in which all of the medicines, materials and services supplied are itemized. The disadvantage of the procedure is the opportunity that it provides to vexatious clients to argue with the charges. It is standard procedure to provide an itemized account if the client asks for one.
  • a. payable — the monies owed to other accounts by the practice and to be paid during the month.
  • a. receivable — the accounts that owe the practice money and which can be expected to pay during the month.
 
Word Tutor: account
pronunciation

IN BRIEF: A spoken or written statement or report.

pronunciation How much money is in your savings account?

 
Wikipedia: account


In accountancy, an account is a label used for recording and reporting a quantity of almost anything. Most often it is a record of an amount of money owned or owed by or to a particular person or entity, or allocated to a particular purpose. It may represent amounts of money that have actually changed hands, or it may represent an estimate of the values of assets, or it may be a combination of these.

Types of Accounts

  1. Asset accounts: represent the different types of economic resources owned by a business, common examples of Asset accounts are cash, cash in bank, building, inventory, prepaid rent, goodwill, accounts receivable.
  2. Liability accounts: represent the different types of economic obligations by a business, such as accounts payable, bank loan, bonds payable, accrued interest.
  3. Equity accounts: represent the residual equity of a business (after deducting from Assets all the liabilities) including Retained Earnings and Appropriations.
  4. Revenue or Income accounts: represent the company's gross earnings and common examples include Sales, Service revenue and Interest Income.
  5. Expense accounts: represent the company's expenditures to enable itself to operate. Common examples are electricity and water, rentals, depreciation, doubtful accounts, interest, insurance.
  6. Contra-accounts: from the term contra, meaning to deduct, the value of which are opposite the 5 above mentioned types of accounts. For instance, a contra-asset account is Accumulated depreciation. This label represent deductions to a relatively permanent asset like Building.

See also


 
Translations: Translations for: Account

Dansk (Danish)
n. - konto, regning, mellemværende, opgørelse, redegørelse
v. tr. - beretning, beskrivelse, redegørelse, fremstilling

idioms:

  • account executive    regnskabschef
  • account for    redegøre for, forklare, begrunde
  • account rendered    ubetalt regning, faktura
  • accounts payable    kreditorer, gæld
  • accounts receivable    debitorer, tilgodehavender
  • by all accounts    efter alt at dømme, efter forlydende
  • give a good account of oneself    gøre et godt indtryk, klare sig godt
  • give an account of    give en redegørelse for, give en fremstilling af
  • keep account of    holde regnskab med, holde øje med
  • of no account    uvigtigt, ligegyldigt, uden betydning
  • on account of    på vegne af
  • on his account    for hans regning
  • on no account    ikke under nogen omstændigheder, aldeles ikke, overhovedet ikke
  • on one's own account    for egen regning, på egen risiko
  • take into account    tage hensyn til, regne med, tage i betragtning

Nederlands (Dutch)
(bank)rekening, verslag, (mv) de boeken, afschrift (van spaarrekening), werkdag op de beurs, gewicht (belang), beschouwen (als)

Français (French)
n. - initiative, récit, relation, exposé (de la situation), narration (d'un fait), compte-rendu (dans un journal), explication, en raison de, à cause de, (Fin, Comm) compte, budget (publicitaire), (Fin) liquidation (mensuelle) (à la Bourse), état, note (de dépenses), exposé (de ses opérations), importance, profit, avantage
v. tr. - considérer, estimer

idioms:

  • account executive    directeur financier, (Pub) responsable du budget
  • account for    rendre compte de, justifier de, expliquer, constituer, abattre (un avion), couler (un bateau), tuer (des soldats)
  • account rendered    facture non payée
  • accounts payable    comptes créanciers, comptes créditeurs, comptes clients
  • accounts receivable    comptes débiteurs, comptes clients
  • by all accounts    au dire de tous, d'après l'opinion générale
  • do something on someone's account    faire qch sur le compte de qn
  • from all accounts    de l'avis de tous
  • give a good account of oneself    bien s'en tirer, faire bonne impression
  • give an account of    faire un exposé sur, faire un compte rendu de
  • keep account of    tenir la comptabilité de
  • of no account    de peu d'importance, insignifiant
  • on account    à cause
  • on account of    à cause de, d'après
  • on no account    en aucun cas, sous aucun prétexte
  • on one's own account    (agir) de sa propre initiative/de soi-même
  • take account of    tenir compte de
  • take into account    tenir compte de, prendre en considération

Deutsch (German)
n. - Rechnung, Bericht, Darstellung, Interpretation, Verantwortung, Rechenschaft, Grund, Wichtigkeit, Konto
v. - Rechenschaft ablegen, verantwortlich sein, begründen, ansehen als, halten für, gutschreiben

idioms:

  • account executive    zuständiger Mitarbeiter
  • account for    Rechenschaft ablegen, erklären, begründen
  • account rendered    Rechenschaftsbericht
  • accounts payable    Buchschulden, Verbindlichkeiten
  • accounts receivable    Außenstände, Forderungen
  • by all accounts    nach allem, was man hört
  • do something on someone's account    etwas auf eigenes Risiko machen
  • from all accounts    nach allem, was man hört
  • give a good account of oneself    sich bewähren
  • give an account of    Bericht erstatten über
  • keep account of    Buch führen
  • of no account    unbedeutend
  • on account    auf Rechnung, a conto
  • on account of    um .. willen, wegen
  • on no account    auf keinen Fall
  • on one's own account    für sich, auf eigene Rechnung
  • take account of    etw. berücksichtigen
  • take into account    berücksichtigen

Ελληνική (Greek)
n. - λογαριασμός, υπολογισμός, περιγραφή, αφήγηση, βαρύτητα, σημασία, ωφέλεια, πλεονέκτημα, αιτία, λόγος, ανάλυση, έκθεση, (διαφημιζόμενος) πελάτης, εξήγηση, αιτιολογία
v. - θεωρώ, κρίνω, αποδίδω λογαριασμό, λογοδοτώ

idioms:

  • account executive    (οικον.) υπεύθυνος διαφημιστικής διαχείρισης
  • account for    δίνω εξηγήσεις για, απολογούμαι για, εξηγώ το λόγο για, αποδίδω λογαριασμό για, αντιστοιχώ σε, αποτελώ, βγάζω από τη μέση
  • account rendered    αποδοθείς (ανεξόφλητος) λογαριασμός
  • accounts payable    (οικον.) πληρωτέοι λογαριασμοί
  • accounts receivable    (οικον.) εισπρακτέοι λογαριασμοί
  • by all accounts    κατά γενική ομολογία
  • give a good account of oneself    έχω ικανοποιητική απόδοση, δικαιώνω τη φήμη μου, συμπεριφέρομαι άψογα
  • give an account of    δίνω περιγραφή του.., δίνω εξηγήσεις για..
  • keep account of    κρατώ λογαριασμό, παρακολουθώ από κοντά
  • of no account    ασήμαντος, άνευ σημασίας
  • on account of    εξαιτίας
  • on his account    για χάρη του
  • on no account    κατά κανένα τρόπο, σε καμία περίπτωση
  • on one's own account    για λογαριασμό κάποιου και μόνο
  • take into account    λαβαίνω/παίρνω υπόψη
  • to call to account    καλώ σε απολογία, ζητώ εξηγήσεις από

Italiano (Italian)
rendere conto, conto, fattura, resoconto, esposizione, spiegazione, giustificazione

idioms:

  • account executive    responsabile di commessa
  • account for    spiegare, giustificare
  • account rendered    fattura insoluta
  • accounts payable    debiti da onorare
  • accounts receivable    crediti da incassare
  • by all accounts    a detta di tutti, a quanto si dice
  • give a good account of oneself    dare buona prova di se stesso
  • give an account of    riferire su
  • keep account of    tenere nota di
  • money of account    moneta scritturale
  • of no account    di nessuna importanza
  • on account of    in considerazione di
  • on his account    a spese sue, di sua responsabilità
  • on no account    per nessuna ragione
  • on one's own account    per proprio conto
  • settle an account    saldare un conto
  • to call to account    reclamare

Português (Portuguese)
n. - conta (f), cálculo (m), narrativa (f), consideração (f)
v. - contar, calcular, considerar, prestar contas

idioms:

  • account executive    gerente (m) (f) de conta (Fin.)
  • account for    responsabilizar-se (por), explicar satisfatoriamente
  • account rendered    demonstração (f) de contas (Fin.)
  • accounts payable    contas a pagar (Fin.)
  • accounts receivable    contas a receber (Fin.)
  • by all accounts    por todas as narrativas
  • check account    conta (f) bancária (Fin.)
  • give a good account of oneself    desempenhar-se bem
  • give an account of    explicar, prestar contas
  • keep account of    manter o registro de (mentalmente)
  • money of account    moeda (f) de conta (Fin.)
  • of no account    sem importância, insignificante
  • on account of    por causa de, no interesse de
  • on his account    por sua conta
  • on no account    sob nenhuma circunstância
  • on one's own account    por seu próprio risco, por sua conta, por iniciativa própria
  • settle an account    acertar as contas (com um inimigo) (fig.)
  • take into account    permitir, considerar
  • to call to account    repreender, pedir explicações

Русский (Russian)
судить, считать, счет, рассказ, обсуждение, объяснение, оправдание, банковский счет

idioms:

  • account executive    делопроизводитель, ведущий счета клиента
  • account for    объяснять
  • account rendered    счет, предъявленный к оплате должнику
  • accounts payable    счета кредиторов (в балансе), кредиторы по счетам
  • accounts receivable    счета дебиторов (в балансе), дебиторы по расчетам
  • by all accounts    по отзывам, по сообщениям
  • check account    счет, с которого можно снимать деньги чеком
  • give a good account of oneself    показать себя с хорошей стороны, не сдаваться
  • give an account of    давать отчет, объяснение
  • keep account of    вести учет чего-либо
  • money of account    расчетная денежная единица
  • of no account    не имеющий значения
  • on account of    из-за, при причине
  • on his account    ради него
  • on no account    ни в коем случае
  • on one's own account    на свой страх и риск
  • settle an account    заплатить по счету
  • take into account    принять в расчет, учитывать
  • to call to account    потребовать объяснений

Español (Spanish)
n. - cuenta, factura, relación, informe, exposición, debate, explicación, justificación, cuenta bancaria
v. tr. - dar cuenta, considerar, juzgar, atribuir

idioms:

  • account executive    ejecutivo de cuentas
  • account for    explicar, justificar, dar cuenta de, responder de
  • account rendered    cuenta pagada, cuenta devuelta
  • accounts payable    cuentas a pagar
  • accounts receivable    cuentas a cobrar
  • by all accounts    según el decir general, a decir de todos
  • do something on someone's account    hacer algo por cuenta de alguien
  • from all accounts    según el decir general, a decir de todos
  • give a good account of oneself    hacer buena impresión
  • give an account of    dar cuenta de, relatar
  • keep account of    llevar cuenta de
  • of no account    insignificante
  • on account    a causa de, a favor de
  • on account of    a causa de, a favor de
  • on no account    de ninguna manera
  • on one's own account    por su propia cuenta
  • take account of    tomar en cuenta, considerar
  • take into account    tomar en cuenta, contar con

Svenska (Swedish)
n. - beräkning, konto
v. - redovisa, reda ut

中文(简体) (Chinese (Simplified))
帐单, 帐目, 客户, 帐户, 描述, 说明, 估计, 把...视为, 认为

idioms:

  • account executive    客户执行人
  • account for    说明, 对...负有责任, 证明
  • account rendered    结欠清单
  • accounts payable    应付帐款, 应付款项
  • accounts receivable    应收帐款, 应收款项
  • by all accounts    据大家所说
  • give a good account of oneself    付清帐, 为自己辩护
  • give an account of    讲述
  • keep account of    记帐
  • of no account    不重要的
  • on account of    由于, 因为
  • on his account    因为他的缘故
  • on no account    决不
  • on one's own account    为自身利益, 靠自己
  • take into account    重视, 考虑

中文(繁體) (Chinese (Traditional))
n. - 帳單, 帳目, 客戶, 帳戶, 描述, 說明, 估計
v. tr. - 把...視為, 認為

idioms:

  • account executive    客戶執行人
  • account for    說明, 對...負有責任, 證明
  • account rendered    結欠清單
  • accounts payable    應付帳款, 應付款項
  • accounts receivable    應收帳款, 應收款項
  • by all accounts    據大家所說
  • give a good account of oneself    付清帳, 為自己辯護
  • give an account of    講述
  • keep account of    記帳
  • of no account    不重要的
  • on account of    由於, 因為
  • on his account    因為他的緣故
  • on no account    決不
  • on one's own account    為自身利益, 靠自己
  • take into account    重視, 考慮

한국어 (Korean)
n. - 계산[서], 단골, 보고서, 설명, 이유, 평가, 이익
v. tr. - ~이라고 생각하다

idioms:

  • account for    쓴 곳.처리를 상세히 설명하다, 책임을 지다, 잡다
  • by all accounts    누구에게 들어도
  • give a good account of oneself    해치우다, 칭찬하다
  • give an account of    ~을 설명하다
  • keep account of    (상황 등을) 고려하다
  • take into account    참작하다

日本語 (Japanese)
n. - 説明, 報告, 記事, 計算, 収支の明細, 理由, 根拠, 口座, 取り引き, 考慮, 評価, 重要性, 計算書
v. - みなす, 説明する

idioms:

  • account executive    顧客主任
  • account for    説明する, 説明となる
  • account rendered    支払い請求書
  • accounts receivable    売掛金, 未収入金, 受取番勘定
  • by all accounts    だれの話でも, どの報道を見ても
  • checking account    当座預金
  • of no account    重要でない, つまらない
  • on account of    のため, ために
  • on no account    決して…ない
  • savings account    貯蓄預金
  • take into account    考慮に入れる

العربيه (Arabic)
‏(الاسم) حسابات, حساب, محاسبه, قيمه (فعل) يقدم بيانا عن, يعلل, يفسر‏

עברית (Hebrew)
n. - ‮חשבון, תיאור, הסבר, דו"ח, חישוב, חשיבות, חשבון-בנק‬
v. tr. - ‮חשב ל-, התייחס ל-‬


 
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American Sign Language
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Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2007. Published by Houghton Mifflin Company. All rights reserved.  Read more
Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Marketing Dictionary. Dictionary of Marketing Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
Thesaurus. Roget's II: The New Thesaurus, Third Edition by the Editors of the American Heritage® Dictionary Copyright © 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.  Read more
Idioms. The American Heritage® Dictionary of Idioms by Christine Ammer. Copyright © 1997 by The Christine Ammer 1992 Trust. Published by Houghton Mifflin Company. All rights reserved.  Read more
Dental Dictionary. Mosby's Dental Dictionary. Copyright © 2004 by Elsevier, Inc. All rights reserved.  Read more
Law Encyclopedia. West's Encyclopedia of American Law. Copyright © 1998 by The Gale Group, Inc. All rights reserved.  Read more
Veterinary Dictionary. Saunders Comprehensive Veterinary Dictionary 3rd Edition. Copyright © 2007 by D.C. Blood, V.P. Studdert and C.C. Gay, Elsevier. All rights reserved.  Read more
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