accounts (B1)

noun

Pronunciation: /əˈkaʊnts/

Definition

A record of financial transactions, often kept by a business or individual.

Examples

• She carefully reviewed her bank accounts to track her spending.

• The accountant prepared the company's annual accounts for the shareholders.

• He opened a new savings account to put money aside for a down payment.

How to Use accounts

account for (phrasal verb)

To explain the reason for something; to constitute or make up a specified amount or part. — "Can you account for the missing funds?"

on account of (prepositional phrase)

Because of; due to. — "The game was postponed on account of the heavy rain."

by account of (prepositional phrase)

Because of; by reason of. — "He was chosen by account of his experience."

hold an account (collocation)

To have a financial account with a particular institution. — "We hold an account with Barclays Bank."

Synonyms of accounts

Words with a similar meaning to accounts:

• records
• statements
• ledgers

Antonyms of accounts

Words with the opposite meaning to accounts:

• debts
• liabilities

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