English Dictionary |
VALUATION ACCOUNT
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Dictionary entry overview: What does valuation account mean?
• VALUATION ACCOUNT (noun)
The noun VALUATION ACCOUNT has 1 sense:
1. a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets
Familiarity information: VALUATION ACCOUNT used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
allowance; allowance account; valuation account; valuation reserve
Hypernyms ("valuation account" is a kind of...):
reserve account; reserve fund (funds taken out of earnings to provide for anticipated future payments)
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