Words / R / Business

recognise

verb/ˈrekəɡnaɪz/

A2CEFR level
15/100Rarity: common
TechnicalRegister

To record an item formally in the accounts in the appropriate period.

The policy was to recognise the maintenance cost as incurred rather than smooth it across the year.

Similar: record, book

Topic: Accounting in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Accounting