Definition of ACCOUNTS

  • A report or description of an event or experience
  • An interpretation or rendering of a piece of music
  • A record or statement of financial expenditure or receipts relating to a particular period or purpose
  • The department of a company that deals with such records
  • An arrangement by which a body holds funds on behalf of a client or supplies goods or services to the client on credit
  • A client having such an arrangement with a supplier
  • A contract to do work periodically for a client
  • Importance
  • ACCOUNT, to explain in detail, also ACCOMPT [v]
  • ACCOUNT, to give an explanation [v]