reaccount verb3 •To account again. •To update financial accounts.The business must be able to reaccount for the debts by customers, for the inventory on hand, and for other assets owned by the company. — 1978 •To explain or describe again.At any point in time behavior has meaning only to the extent that it can be reaccounted and interpreted in light of present circumstances. — 1980 formsreaccounted · reaccounting · reaccounts