Explore the Accounting Glossary
Understand every accounting term with simple, clear explanations. Your journey to mastering accounting starts here.
Browse Accounting Terms A–Z
Find clear explanations of every accounting term, from Assets to Working Capital.
- Basic Earnings Per Share (EPS)
- Basis
- Basis Adjustment
- Basket Purchase
- Batch-Level Activities
- Bear Market
- Bearer Bonds
- Beginning Inventory
- Bellwether
- Below the Line
- Benchmarking
- Beta Coefficient
- Bid Price
- Big Four
- Bill-and-Hold Sale
- Bill of Lading
- Bill of Material (BOM)
- Bill of Sale
- Blackout Period
- Blank Check
- Blanket Purchase Order
- Blind Pool Offering
- Block Trade
- Blue Chips
- Board of Directors
- Board of Examiners
- Bond
- Bond Anticipation Notes (BANs)
- Bond Conversion
- Bond Discount
- Bond Indenture
- Bond Issue Costs
- Bond Yield
- Bonds Issued at a Discount
- Bonds Issued at a Premium
- Bonds Issued at Par
- Bonds Payable
- Book Balance
- Book Capital Accounts
- Book Income
- Book Value
- Book Value Method
- Book Value Per Share (BVPS)
- Bookkeeping
- Boot
- Bottlenecks
- Bounced Check
- Break-Even Point
- Bridge Loan
- Broker-Assisted Cashless Exercise
Learn Key Terms Faster
Master the most essential accounting terms that every student and professional should know.
Assets
Resources owned by a business that have economic value and can provide future benefits.
Read More →Liabilities
Obligations or debts that a company owes to external parties, such as loans or payables.
Read More →Equity
The owner’s residual interest in the assets of a business after deducting liabilities.
Read More →Why Learn Accounting Terms?
Understanding accounting vocabulary is the first step toward mastering the language of business. Here’s why it matters.
Build a Strong Foundation
Accounting terms are the building blocks of financial literacy. Knowing them helps you grasp key concepts easily.
Boost Career Readiness
Professionals who understand accounting terminology communicate better and make smarter financial decisions.
Learn Faster and Smarter
With clear understanding of each term, you’ll master journal entries, ledgers, and statements much faster.
Start Learning Today
Don’t just memorize accounting terms — apply them. Dive into quizzes, explore real problems, and strengthen your understanding step by step.