inflation accounting Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “inflation accounting” in the English Dictionary

"inflation accounting" in Business English

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inflation accountingnoun [U]

uk   us   ACCOUNTING
a method of keeping accounts in which a company considers the effect of inflation on the cost of replacing its existing assets: In general, inflation accounting methods have been concerned with ensuring that capital is being maintained in economic terms.
(Definition of inflation accounting from the Cambridge Business English Dictionary © Cambridge University Press)
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