Define: Trading Account

UK Accounting Glossary

Definition: 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.


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Trading Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 17, 2020 https://payrollheaven.com/define/trading-account/.
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Trading Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/trading-account/ (accessed: February 17, 2020).
American Psychological Association (APA):
Trading Account. PayrollHeaven.com. Retrieved February 17, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/trading-account/

Definition Sources


Definitions for Trading Account are sourced/syndicated and enhanced from:

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

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