Meaning & Definition of word "Account"
to
Account
/əˈkaʊnt/
noun:
- 1. A record of financial transactions, typically maintained by a bank or organization.
- Example: She opened a savings account to manage her finances better.
- 2. A report or description of an event or experience.
- Example: He gave a detailed account of his travels in Europe.
- 3. A statement of the balance of debits and credits for an individual or an organization.
- Example: The accountant prepared the annual account for the company.
verb:
- 1. To consider or regard in a specified way.
- Example: We must account for all expenses in the budget.
- 2. To explain or justify an action or situation.
- Example: She had to account for her absence at the meeting.
Etymology
From Old French 'acompte', from Latin 'computare' which means 'to calculate'.
Common Phrases and Expressions
account for:
to consider or include something in an explanation or plan.
take into account:
to consider something when making a decision.
on account of:
because of; due to.
give an account of:
to provide an explanation or report about something.
account to:
to be responsible to someone for something.
Related Words
accountant:
a person responsible for financial record-keeping.
accountability:
the quality of being responsible for one's actions.
accounting:
the process of recording financial transactions.
Slang Meanings of account
Meaning: An online profile or user registration.
Example Sentence: I need to create a new account to log into the game.
Meaning: A report or explanation.
Example Sentence: Give me the account of what happened at the party.