double entry

double entry
noun Date: 1741 a method of bookkeeping that recognizes both sides of a business transaction by debiting the amount of the transaction to one account and crediting it to another account so the total debits equal the total credits

New Collegiate Dictionary. 2001.

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  • Double entry — may refer to:*The double entry bookkeeping system, also known as the double entry accounting system. *Double penetration *A pair of doors in the same opening e.g. French doorsee also*Reentry *Double entendre *Dual ported RAM …   Wikipedia

  • Double entry — Double Dou ble (d[u^]b l), a. [OE. doble, duble, double, OF. doble, duble, double, F. double, fr. L. duplus, fr. the root of duo two, and perh. that of plenus full; akin to Gr. diplo os double. See {Two}, and {Full}, and cf. {Diploma}, {Duple}.]… …   The Collaborative International Dictionary of English

  • Double entry — Entry En try, n.; pl. {Entries}. [OE. entree, entre, F. entr[ e]e, fr. entrer to enter. See {Enter}, and cf. {Entr[ e]e}.] 1. The act of entering or passing into or upon; entrance; ingress; hence, beginnings or first attempts; as, the entry of a… …   The Collaborative International Dictionary of English

  • double entry — A bookkeeping system that lists each transaction twice in the ledger. Dictionary from West s Encyclopedia of American Law. 2005. double entry A bookkeeping system that lists each transaction twice in the …   Law dictionary

  • double entry — n. a system of bookkeeping in which every transaction is entered as both a debit and a credit in conformity with the underlying accounting equation which states that assets equal liabilities plus net worth double entry adj …   English World dictionary

  • double entry — double entry, adj. Bookkeeping. a method in which each transaction is entered twice in the ledger, once to the debit of one account, and once to the credit of another. Cf. single entry. [1715 25] * * * …   Universalium

  • double entry — noun bookkeeper debits the transaction to one account and credits it to another • Syn: ↑double entry bookkeeping • Hypernyms: ↑bookkeeping, ↑clerking * * * noun : a method or system of bookkeeping that recognizes both the receiving and the giving …   Useful english dictionary

  • Double Entry — The fundamental concept underlying present day bookkeeping and accounting. Double entry accounting is based on the fact that every financial transaction has equal and opposite effects in at least two different accounts. It is used to satisfy the… …   Investment dictionary

  • double entry —    dishonest    The development in Lombardy of double entry bookkeeping, a self balancing method of keeping accounts, was an important factor in making that region pre eminent in European banking. The euphemistic use alludes to the keeping of two …   How not to say what you mean: A dictionary of euphemisms

  • double-entry — adj. Double entry is used with these nouns: ↑bookkeeping …   Collocations dictionary

  • double entry — dvejybinis įrašas statusas T sritis Gynyba apibrėžtis Buhalterinės apskaitos metodas – kiekvieno sandorio į vieną sąskaitą įrašymas kaip debeto, o į kitą kaip kredito. atitikmenys: angl. double entry šaltinis NATO mokymo ir pratybų finansavimo… …   Lithuanian dictionary (lietuvių žodynas)

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