adjustment

adjustment
A change or modification to an *account, transaction, or *financial statement. Adjustments may be made to correct *errors, or to *allocate revenues or expenses in line with the *accruals basis of accounting. Adjustments to financial statements may arise as a result of *errors discovered during an external audit, or as a result of an *event after the balance sheet date.

Auditor's dictionary. 2014.

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  • adjustment — ad‧just‧ment [əˈdʒʌstmənt] noun [countable, uncountable] 1. a change that is made to something in order to correct or improve it: • We have made an adjustment to our target. • Grants are to be slashed by 33%, after adjustment for inflation. ˌcost …   Financial and business terms

  • adjustment — I noun abatement of differences, accommodatio, accommodation, accord, accordance, adaptation, agreement, arrangement, attunement, bargain, binding agreement, coaptation, compact, composition, compromise, concurrence, conformance, conformation,… …   Law dictionary

  • Adjustment — Ad*just ment ( ment), n. [Cf. F. ajustement. See {Adjust}.] 1. The act of adjusting, or condition of being adjusted; act of bringing into proper relations; regulation. [1913 Webster] Success depends on the nicest and minutest adjustment of the… …   The Collaborative International Dictionary of English

  • adjustment — [n1] adaptation acclimation, acclimatization, alteration, arrangement, balancing, conformance, correcting, fitting, fixing, improvement, mending, modification, ordering, organization, organizing, orientation, readjustment, redress, regulating,… …   New thesaurus

  • adjustment — [ə just′mənt] n. 1. an adjusting or being adjusted 2. a means or device by which parts are adjusted to one another [the adjustment on a micrometer] 3. the settlement of how much is to be paid in cases of loss or claim, as by insurance 4. a… …   English World dictionary

  • Adjustment — (from late Latin ad juxtare , derived from juxta , near, but early confounded with a supposed derivation from Justus , right), regulating, adapting or settling; in commercial law, the settlement of a loss incurred on insured goods. The… …   Wikipedia

  • Adjustment — (engl., spr. adjoßtment), die Bestimmung des von einem Versicherten erlittenen Seeschadens od. Verlustes …   Pierer's Universal-Lexikon

  • adjustment — (n.) 1640s, from Fr. ajustement or else a native formation from ADJUST (Cf. adjust) (v.) + MENT (Cf. ment) …   Etymology dictionary

  • adjustment — noun 1 small change made ADJECTIVE ▪ delicate, fine, minor, slight, small ▪ important, major, significant ▪ …   Collocations dictionary

  • adjustment — n. 1) to make an adjustment 2) an adjustment in, of (an adjustment in/of his salary; an adjustment of the brakes) 3) an adjustment to (an adjustment to a new environment) * * * [ə dʒʌstmənt] of (an adjustment in/of his salary; an adjustment of… …   Combinatory dictionary

  • adjustment — ad|just|ment [əˈdʒʌstmənt] n [U and C] 1.) a small change made to a machine, system, or calculation adjustment for ▪ Once we make the adjustments for inflation, the fall in interest rates is quite small. adjustment to ▪ a slight adjustment to the …   Dictionary of contemporary English

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