Meaning of “reconciliation” in the English Dictionary

business-english dictionary

"reconciliation" in British English

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(Definition of “reconciliation” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"reconciliation" in American English

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reconciliationnoun [ C/U ]

us /ˌrek·ənˌsɪl·iˈeɪ·ʃən/

the process of making two people or groups of people friendly again after they have argued seriously or fought and kept apart from each other, or a situation in which this happens

(Definition of “reconciliation” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"reconciliation" in Business English

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reconciliationnoun [ C or U ]

uk /ˌrekənˌsɪliˈeɪʃən/ us

ACCOUNTING the process of comparing different financial accounts, amounts, etc. in order to check that they add up to the same total or to explain any differences between them:

We haven't done a reconciliation yet.

(Definition of “reconciliation” from the Cambridge Business English Dictionary © Cambridge University Press)