American Dictionary
Definition audit in American English
audit
verb
What are red words?
Around 90% of spoken and written English relies on just 7,500 common words.
These words are highlighted in red and are ranked using a star system.
- One-star words are commonly used
- Two-star words are even more common
- Three-star words are the most frequently used
[transitive]
verb
What are red words?
Around 90% of spoken and written English relies on just 7,500 common words.These words are highlighted in red and are ranked using a star system.
- One-star words are commonly used
- Two-star words are even more common
- Three-star words are the most frequently used
/ˈɔdɪt/
1
to officially examine the financial or tax records of a company, organization, or person to see that they are accurate
Example
The Directors submit their report to the shareholders, together with the audited financial statements for the year.
2
to examine something carefully, especially to decide on its effectiveness
Example
A committee will audit the department's performance.
