rounding

rounding
To restate an amount as a convenient, whole number, rather than as a fraction or decimal.

Auditor's dictionary. 2014.

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  • rounding — round‧ing [ˈraʊndɪŋ] noun [uncountable] ACCOUNTING STATISTICS when you express an amount not as an exact number, but as the nearest whole number: • Percentages may not add up to 100% because of rounding. * * * rounding UK US /ˈraʊndɪŋ/ noun [U] ► …   Financial and business terms

  • Rounding up — is a phenomenon that occurs in sailing when the helmsman or tiller handler is no longer able to control the direction of the boat and it heads up (or rounds up ) into the wind, causing the boat to slow down or stall out. This occurs when the wind …   Wikipedia

  • Rounding — Round ing, a. Round or nearly round; becoming round; roundish. [1913 Webster] …   The Collaborative International Dictionary of English

  • Rounding — Round ing, n. 1. (Naut.) Small rope, or strands of rope, or spun yarn, wound round a rope to keep it from chafing; called also {service}. [1913 Webster] 2. (Phonetics) Modifying a speech sound by contraction of the lip opening; labializing;… …   The Collaborative International Dictionary of English

  • Rounding — This article is about numerical rounding. For lip rounding in phonetics, see Labialisation. For other uses, see Rounding (disambiguation). Rounding a numerical value means replacing it by another value that is approximately equal but has a… …   Wikipedia

  • rounding — /rown ding/, adj. 1. round or nearly round. 2. of, pertaining to, or used for making something round. 3. turning, curving, or circling around. 4. pertaining to the mathematical process of rounding: a rounding error. n. 5. the act or process of… …   Universalium

  • rounding — noun (mathematics) a miscalculation that results from rounding off numbers to a convenient number of decimals the error in the calculation was attributable to rounding taxes are rounded off to the nearest dollar but the rounding error is… …   Useful english dictionary

  • Rounding — This rare and interesting name is the diminutive form of the nickname surname Round , which derives from the Old French rund , or ro(u)nd meaning rotund which was originally given as a nickname to a rather plump person. In this instance, it would …   Surnames reference

  • Rounding — Round Round, v. t. [imp. & p. p. {Rounded}; p. pr. & vb. n. {Rounding}.] 1. To make circular, spherical, or cylindrical; to give a round or convex figure to; as, to round a silver coin; to round the edges of anything. [1913 Webster] Worms with… …   The Collaborative International Dictionary of English

  • rounding — noun a) The act of rounding a mathematical value b) The numerical value obtained by this process …   Wiktionary

  • rounding — noun Rounding is used before these nouns: ↑error …   Collocations dictionary

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