Definition: An account is a record in an accounting system that tracks the financial activities of a specific asset, liability, equity, revenue, or expense. These records increase and decrease as …

In accounting, an account is a record in the general ledger that is used to sort and store transactions. For example, companies will have a Cash account in which to record every …

Jul 15, 2025 · An account can be considered the same as a customer. Under this meaning, an account is another entity or person for whom a business acts as a supplier, and with whom …

The meaning of ACCOUNT is a record of debit and credit entries to cover transactions involving a particular item or a particular person or concern. How to use account in a sentence.

ACCOUNT definition: 1. an arrangement with a bank to keep your money there and to allow you to take it out when you…. Learn more.

1. For oneself. 2. On one's own; by oneself: He wants to work on his own account.

ACCOUNT definition: an oral or written description of particular events or situations; narrative. See examples of account used in a sentence.

Jul 14, 2025 · This guide explains everything you need to know about "account," its significance, and the types of accounts that exist in everyday life. Understanding the Meaning of “Account”

account (of something) an explanation or a description of an idea, a theory or a process. [usually plural] a written record of money that is owed to a business and of money that has been paid …

An account is a regular client or customer, such as a firm or trader buying goods or supplies on credit. An account is a detailed record of all the money that a business or a person receives …