Accounts Meaning: Definition, Examples, and Translations

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accounts

[ษ™หˆkaสŠnts ]

Definitions

Context #1 | Noun

banking

A record or statement of financial transactions, especially relating to a particular person or business.

Synonyms

logs, records, statements.

Which Synonym Should You Choose?

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Word Description / Examples
accounts

Used mainly in financial or business contexts to refer to financial records or statements that show the income and expenditure of an organization or individual.

  • She managed the company's accounts efficiently.
  • Our accountant prepares the annual accounts for tax purposes.

Examples of usage

  • Please provide your accounts for the past year for tax purposes.
  • She keeps all her accounts organized in a filing cabinet.
Context #2 | Noun

social media

A user's personal profile or area on a social media platform.

Synonyms

page, profile, profile page.

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Word Description / Examples
accounts

Use this term when talking about multiple profiles or user spaces, usually referring to financial records, social media profiles, or user identities on websites.

  • She opened multiple bank accounts to manage her finances better.
  • He has three different social media accounts for work, friends, and family.
profile

This word is used when talking about a user's personal information and settings on a social media platform or a specific system. It generally includes personal details, a photo, and user interactions.

  • She updated her profile picture yesterday.
  • His professional profile on LinkedIn is very impressive.
page

This term often refers to a single webpage on the internet or a specific section of a website. It is also used commonly in the context of books, documents, or physical pieces of paper.

  • The homepage of the website is very inviting.
  • Please turn to page 5 of the document.
profile page

This term is specific to the actual webpage or screen where a user's profile information is displayed on social media or other platforms.

  • You can edit your details by visiting your profile page.
  • Her profile page contains all her latest posts and activities.

Examples of usage

  • I saw that she posted a new photo on her Instagram account.
  • He has a large following on his Twitter account.
Context #3 | Verb

general

To consider or regard in a specific way.

Synonyms

consider, deem, regard.

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Word Description / Examples
accounts

This word can be used when discussing records, financial statements, or explanations of events. It is often used in business and financial contexts.

  • She reviewed the accounts to ensure accuracy.
  • The companyโ€™s accounts show a significant increase in revenue.

Examples of usage

  • I would account him a reliable source of information.
  • She accounts her success to hard work and determination.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

History

  • Ancient civilizations such as the Egyptians and Sumerians kept accounts on clay tablets to track goods and trade.
  • In medieval times, double-entry bookkeeping was developed in Italy, revolutionizing how businesses managed their finances.
  • The introduction of ledgers in monasteries helped keep accurate accounts of donations and expenditures.

Finance

  • An account can refer to various financial services like savings, checking, and investment accounts, each serving different purposes.
  • Digital banking has transformed how accounts are accessed, allowing people to manage their finances online anytime.
  • An important aspect of managing accounts is keeping track of credit scores, which impacts borrowing capabilities.

Pop Culture

  • Social media platforms use the term 'accounts' to refer to profiles where users share their stories and experiences.
  • In video games, players create accounts to save their progress, highlighting the importance of tracking achievements.
  • Reality television and influencers have turned the concept of personal accounts into a way of shaping public perception and branding.

Psychology

  • Keeping accounts of experiences can aid in cognitive processing, helping individuals reflect on and learn from past events.
  • People often create personal accounts to make sense of their life stories, which is integral to their identity.

Origin of 'accounts'

Main points about word origin

  • The term 'account' originates from the Old French word 'acont,' meaning to count or reckon.
  • In Latin, the root word 'computare' means to calculate, highlighting the mathematical aspect of keeping accounts.
  • The earliest known use of the word dates back to the 14th century, emphasizing its established importance in trade.

The word 'accounts' originated from the Old French word 'acont' meaning 'account, reckoning'. It has been used in English since the 14th century to refer to records of financial transactions. Over time, the word has also been adopted in the context of social media to refer to user profiles. The verb form of 'account' has roots in Latin 'computare' meaning 'to calculate'. It has evolved to encompass the idea of considering or regarding something in a specific way.


See also: account, accountabilities, accountability, accountable, accountably, accountant, accounting, unaccountable.

Word Frequency Rank

Positioned at #1,288, this word is part of core intermediate vocabulary. It appears regularly in various contexts and is essential for natural-sounding English.