Define: Trading Account

UK Accounting Glossary

Definition: Trading Account

Quick Summary of Trading Account

What is the dictionary definition of Trading Account?

Dictionary Definition

The part of a profit and loss account in which the cost of sales is compared with the money raised by their sale in order to arrive at the gross profit.


Full Definition of Trading Account


Trading Account FAQ's

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Trading Account. Payroll & Accounting Heaven Ltd. November 22, 2019
Chicago Manual of Style (CMS):
Trading Account. Payroll & Accounting Heaven Ltd. (accessed: November 22, 2019).
American Psychological Association (APA):
Trading Account. Retrieved November 22, 2019, from website:

Definition Sources

Definitions for Trading Account are sourced/syndicated from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 4th May 2019.