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WordNet-Online
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Definitions from the WebPetty AccountsDefinition:Petty accounts refer to small financial transactions or records maintained by businesses or individuals for tracking small expenses or receipts. This term is commonly used in accounting and bookkeeping. Senses:Sense 1 - Noun:In accounting, petty accounts refer to the small cash fund or account set aside for miscellaneous expenses or small purchases within an organization. Example:The office administration used petty accounts to track expenses for office supplies and employee reimbursements. Sense 2 - Adjective:When used as an adjective, petty accounts describe accounts that involve insignificant or trivial amounts of money. Example:She dealt with the petty accounts by allocating a fixed budget for any expenses under $10. Related Products: | ||||
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