VocabJLPT N1
settlement of accounts
Nounの-AdjectiveSuru VerbIntransitive Verb

Definitions

  1. 1. settlement of accounts
  2. 2. closing accounts
This noun refers to the closing of accounts, such as at the end of a fiscal year, where a company or organization calculates its final financial results. It is an important business and accounting term in Japanese corporate culture.

Example sentences

Sentence 1

"If the books are in the black, we're fine" — but is that really true?

Sentence 2

Apparently he's the type who does all his accounts in one go at the end of the month.

Sentence 3

As the end-of-year closing approaches, overtime tends to pile up.

Sentence 4

The worn cover told the story of long hours spent on the accounts.

Sentence 5

Please have the financial statements ready for the audit.