ingoing
6.7
Present at the start of a period, like an account balance
- adjective
- /ˈɪnˌɡoʊɪŋ/
- UK
- At the start of the fiscal year, the ingoing funds were allocated to new projects.
Examples
-
The ingoing balance in the account will affect future transactions.
-
The accountant reviewed all ingoing expenses to prepare the financial report.
-
So this is ingoing and this is outgoing.
Synonyms
9.9
Just beginning to develop or exist
is present at the start rather than actively beginning to develop
starting
vsingoing
1.0
Used at the beginning of an event or activity
is present at the start rather than being suitable for initiating events
Antonyms
Surface Forms
ingoing positive
Morphology
Etymology
Ingoing comes from the parts in- 'in' and going 'moving', and in accounting it means what is 'carried into' a new period. That's why an ingoing balance is the amount you start with at the beginning of the year.