VALUATION ACCOUNT

Pronunciation (US):

(GB):

 I. (noun) 

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

Synonyms:

allowance; allowance account; valuation account; valuation reserve

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("valuation account" is a kind of...):

reserve account; reserve fund (funds taken out of earnings to provide for anticipated future payments)

Credits