double account

noun

: a system of accounting prescribed by British law for railway and public utility enterprises whereby permanent capital is offset against fixed assets purchased with monies contributed from permanent capital

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Dictionary Entries Near double account

Cite this Entry

“Double account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/double%20account. Accessed 14 Nov. 2024.

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