account(redirected from squaring accounts)
Also found in: Dictionary, Thesaurus, Legal, Financial, Idioms, Encyclopedia.
Related to squaring accounts: squaring away
n a basic storage unit in an accounting system. Individual accounts accept debit and credit entries that reflect the different types of transactions made by the practice.
n a book in which the financial transactions of a business or profession are entered. Such books may be admitted as evidence.
n a straightforward arrangement between the dental provider and the patient for the handling of financial payments due the dental provider and owed by the patient.
n a dollar amount owed to creditors for items or services purchased from them.