TAKES ACCOUNT Meaning and
Definition
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Takes account is a phrasal verb used to describe the act of considering or factoring in something or someone when making a decision, forming an opinion, or analyzing a situation. It implies giving importance or recognizing the significance of certain factors or individuals in a particular context.
When someone takes account, they are consciously acknowledging and incorporating various aspects, such as circumstances, conditions, opinions, or perspectives into their thought process. This includes thoroughly assessing the relevant elements that may impact the outcome or understanding of a situation.
In business or financial contexts, taking account often refers to carefully considering different factors before making a decision or calculation that may affect financial outcomes. This could involve analyzing expenses, revenue, market trends, or customer behavior to make informed judgments.
In the field of accounting, taking account specifically refers to recording, compiling, and analyzing financial data to generate accurate reports and statements. This serves as a crucial tool for businesses and organizations to assess their financial health, project future operations, and comply with legal requirements.
Overall, the phrase "takes account" emphasizes the importance of considering relevant factors, opinions, or financial data when making decisions or forming a comprehensive understanding of a situation or domain. It implies a thoughtful, analytical, and inclusive approach to decision-making and evaluation.
Common Misspellings for TAKES ACCOUNT
- takeaccount
- take acount
- rakes account
- fakes account
- gakes account
- yakes account
- 6akes account
- 5akes account
- tzkes account
- tskes account
- twkes account
- tqkes account
- tajes account
- tames account
- tales account
- taoes account
- taies account
- takws account
- takss account
- takds account
Etymology of TAKES ACCOUNT
The phrase "takes account" is a combination of two words: "take" and "account".
The word "take" originated from the Old English word "tacan" which meant "lay hold of, touch, seize". It has its roots in the Proto-Germanic word "takaną" and is related to the Old Norse word "taka" and Old Frisian word "taka".
The word "account" can be traced back to the Latin word "computare" which means "calculate" or "reckon". It is derived from the combination of "com-" meaning "together" and "putare" meaning "reckon, clear up, prune".
When these two words are combined, "takes account" emphasizes the action of someone capturing, understanding, or considering something for a specific purpose.
