expenditure account

  • 1income and expenditure account — ➔ account1 * * * income and expenditure account UK US noun [C] ► ACCOUNTING a record of money received and spent by a business or organization during a particular period: »We find, after closing up our income and expenditure account, that we have …

    Financial and business terms

  • 2income and expenditure account — a summary account of the revenue and running costs of a non profit making concern such as a club or society. It serves the same function as a profit and loss account in business. Collins dictionary of law. W. J. Stewart. 2001 …

    Law dictionary

  • 3income and expenditure account — An account, similar to a profit and loss account, prepared by an organization whose main purpose is not the generation of profit. It records the income and expenditure of the organization and results in either a surplus of income over expenditure …

    Accounting dictionary

  • 4income and expenditure account — An account, similar to a profit and loss account, prepared by an organization whose main purpose is not the generation of profit. It records the income and expenditure of the organization and results in either a surplus of income over expenditure …

    Big dictionary of business and management

  • 5consolidated income and expenditure account — The information contained in the individual income and expenditure accounts of a group of organizations combined by consolidation into a single document for the group. This is subject to any necessary consolidation adjustments …

    Accounting dictionary

  • 6account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you …

    Financial and business terms

  • 7account — n. & v. n. 1 a narration or description (gave a long account of the ordeal). 2 a an arrangement or facility at a bank or building society etc. for commercial or financial transactions, esp. for depositing and withdrawing money (opened an account) …

    Useful english dictionary

  • 8account — ► NOUN 1) a description of an event or experience. 2) a record of financial expenditure and receipts. 3) a service through a bank or similar organization by which funds are held on behalf of a client or goods or services are supplied on credit.… …

    English terms dictionary

  • 9expenditure — noun ADJECTIVE ▪ considerable, great, heavy, high, huge, large, major, massive, significant ▪ The group is calling for higher …

    Collocations dictionary

  • 10account — noun 1》 a description of an event or experience. 2》 a record of financial expenditure and receipts.     ↘chiefly Brit. a bill for goods or services. 3》 a service through a bank or similar organization by which funds are held on behalf of a client …

    English new terms dictionary