- error account
- Finan account for the temporary placement of funds involved in a financial transaction known to have been executed in error
The ultimate business dictionary. 2015.
error account
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error — er‧ror [ˈerə ǁ ˈerər] noun [countable] 1. a mistake: • The confusion was the result of a computer error. • The company has made some strategic errors. ˈcompensating ˌerror ACCOUNTING a mistake in keeping accounts that is hard to find because it… … Financial and business terms
error of principle — ˌerror of ˈprinciple noun errors of principle PLURALFORM [countable] ACCOUNTING when an entry is put into the wrong kind of an account in a set of accounts, for example a receipt entered as a payment, or a purchase entered as a sale * * * error… … Financial and business terms
Error — • Reduplicatively regarded, is in one way or another the product of ignorance. But besides the lack of information which it implies, it adds the positive element of a mental judgment, by which something false is held to be true, or something true … Catholic encyclopedia
error of commission — ˌerror of comˈmission noun errors of commission PLURALFORM [countable] ACCOUNTING when an entry is put in the wrong account in a set of account books, or it is the wrong amount * * * error of commission UK US noun [C] ► a mistake that consists of … Financial and business terms
error of omission — ˌerror of oˈmission noun errors of omission PLURALFORM [countable] ACCOUNTING when an entry is completely missed out from a set of account books * * * error of omission UK US noun [C] ► a mistake that consists of not doing something you should… … Financial and business terms
error in principle — error in principle, Bookkeeping. an error in placing an entry, especially in an incorrect account … Useful english dictionary
Error (baseball) — In baseball [statistics] , an error is the act, in the judgment of the official scorer, of a fielder misplaying a ball in a manner that allows a batter or baserunner to reach one or more additional bases, when such an advance should have been… … Wikipedia
Account Reconcilement — The process of confirming that two separate records of transactions in an account are equal. This can happen internally with a bank or broker, such as between general ledger entries and individual account records. Reconcilement also occurs when a … Investment dictionary
Error Resolution — A procedure that allows consumers to dispute bookkeeping errors or unauthorized transactions related to their commercial bank accounts. Federal Reserve regulations require that financial institutions investigate all complaints and re credit all… … Investment dictionary
Transactional account — Banking A series on Financial services … Wikipedia
balance error — error in computing the balance on an account sheet … English contemporary dictionary
