ENGLISH
REFERENCE

accounts

n. countable
B1 Intermediate US //əˈkaʊnts// UK //ɐkˈaʊnts// ac·counts

n. records of money that a person or business receives and spends. You look at these to see if you are making a profit or losing money.

n. a record of financial expenditures and receipts relating to a particular period or purpose. Often used in the plural to refer to the formal financial statements of a business.


SIMPLE

The shopkeeper spends every Monday morning checking the accounts.

CONTEXTUAL

The company published its annual accounts last week, showing a significant increase in international sales.

COMPLEX

Discrepancies in the subsidiary's accounts prompted a full internal audit to ensure that all tax liabilities had been accurately reported to the authorities.

Synonyms
Usage

Commonly used in the plural ('accounts') when referring to the financial records of an organization.

Idioms1 entry

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