valuation account
- noun
- Specialized
- The company created a valuation account to prepare for possible decreases in inventory value.
Examples
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Auditors reviewed the valuation account to ensure it reflected the changes in asset worth.
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Our valuation accounts are updated quarterly to reflect market changes.
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A well-managed valuation account helps companies report accurate profits and prevent financial surprises.
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The company established a valuation account to manage asset fluctuations.
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A well-managed valuation account helps companies report accurate profits and prevent financial surprises.
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Auditors reviewed the valuation account to ensure it reflected the changes in asset worth.
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The company created a valuation account to prepare for possible decreases in inventory value.
Synonyms
A place a bank or company keeps money to pay future costs
A record where a company keeps money for future loss in value of its goods
A company keeps money from profits to cover possible drops in asset value
How Complete
- Specialized
- Specialized
- Specialized
Surface Forms
Morphology
The meaning is directly compositional from 'valuation' (estimating the value of something) + 'account' (a financial record): it denotes an account used for valuation or valuation adjustments. This noun–noun construction follows a straightforward, cross-linguistically common pattern, so a B1 learner who knows both constituents should be able to infer the meaning.
Etymology
Valuation account joins valuation (checking how much something is worth) and account (a separate record or pot of money). Companies keep a valuation account to set aside money or record changes when an asset's value goes up or down, so it means 'an account for changes in asset value'.