Definition, Meaning & Synonyms
record-keeping
noun
/ˈrɛkərdˌkiːpɪŋ/
Definition
The practice of maintaining accurate and systematic records of transactions, activities, or events.
Examples
- Effective record-keeping is essential for any successful business.
- The accountant emphasized the importance of thorough record-keeping during the audit.
- Record-keeping helps organizations track their progress and make informed decisions.
Meaning
Record-keeping involves organizing and preserving important information for future reference and accountability.
Synonyms
- Documentation
- Record maintenance
- Data management