Definition of reconciliation in English:

reconciliation

Syllabification: rec·on·cil·i·a·tion
Pronunciation: /ˌrekənˌsilēˈāSHən
 
/

noun

  • 2The action of making one view or belief compatible with another: he aims to bring about a reconciliation between art and technology
    More example sentences
    • The process of reconciliation of the high-tech vs. low-tech paradox was spectacularly demonstrated by a New York Times report about the Al Qaeda's regrouping efforts using the Internet.
  • 3The action of making financial accounts consistent; harmonization: the reconciliation process should be consistent with the business strategy
    More example sentences
    • Fennell also referred to the council's bank overdraft position as was stated in annexure B of its bank reconciliation report on April 30.
    • Around February 28, 2000, Mr. Vucenovic delivered an expense and realty tax reconciliation statement for the year 1999 to the tenants.
    • Some companies use pre-assignment estimates, accrual, and quarterly reconciliation processes in an effort to get closer to tracking and managing the total costs.

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