Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “control account”

control account

noun [C]     (also controlling account, also adjustment account) ACCOUNTING
a main record that shows the total amounts of all the accounts listed in a subsidiary ledger (= detailed records from several different accounts): Control accounts provide a way to cross-check subsidiary ledger accounts for accuracy.
(Definition of control account noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of control account

More Business English definitions for “control account”

Word of the Day

altruistic

showing a wish to help or bring advantages to others, even if it results in disadvantage for yourself

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More