n.
an official inspection of an organization's accounts, typically by an independent body.
v.
(audits, auditing, audited)
- conduct an audit of.
- N. Amer. attend (a class) informally, without working for credit.
Derivative
- auditability n.
- auditable adj.
Etymology
ME: from L. auditus ‘hearing’, from audire ‘hear’, in med. L. auditus (compoti) ‘audit (of an account)’, an audit orig. being presented orally.
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