balance the accounts

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balance the accounts

1. To review the finances of a person or company, making sure that all money is accounted for and that expenditures do not exceed available income. Susie in payroll is balancing the accounts right now. I need to balance the accounts and determine if I can afford to go on a vacation this summer.
2. To get revenge for a prior misdeed. Tiffany is always gossiping about me, so I balanced the accounts by starting a rumor about her.
See also: account, balance

balance the accounts

 
1. Lit. and balance the books to determine through bookkeeping that accounts are in balance, that all money is accounted for. Jane was up all night balancing the accounts. The cashier was not allowed to leave the bank until the manager balanced the books.
2. Fig. to get even [with someone]. Tom hit Bob. Bob balanced the accounts by breaking Tom's toy car. Once we have balanced the accounts, we can shake hands and be friends again.
See also: account, balance
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