different between contability vs accounting
contability
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accounting
English
Etymology
- First attested in the late 14th century.
- account +? -ing
Pronunciation
- IPA(key): /?.?ka?n.t??/
Verb
accounting
- present participle of account
Noun
accounting (usually uncountable, plural accountings)
- (business) The development and use of a system for recording and analyzing the financial transactions and financial status of an individual or a business.
- A relaying of events; justification of actions.
- He was required to give a thorough accounting of his time.
- (law) An equitable remedy requiring wrongfully obtained profits to be distributed to those who deserve them.
- 2020, Liu v. SEC (U.S. Supreme Court No. 18-1501), Justice Thomas dissenting:
- In contrast, an accounting for profits, or accounting— a distinct form of relief that the majority groups with disgorgement — has a well-accepted definition: It compels a defendant to account for, and repay to a plaintiff, those profits that belong to the plaintiff in equity.
- 2020, Liu v. SEC (U.S. Supreme Court No. 18-1501), Justice Thomas dissenting:
Derived terms
Translations
Adjective
accounting (not comparable)
- Of or relating to accounting.
See also
- accountancy
accounting From the web:
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