Definition of rescounter in English:

rescounter

noun

  • Finance. The settlement or payment of differences on accounts. Also: an agreement to pay the sum due on a balance of accounts. Now historical.

Origin

Mid 16th century (in an earlier sense). Probably from Italian riscontro encounter, meeting, clash, brush, examination, inspection (of accounts, etc.) (from riscontrare), with remodelling after re- and counter, encounter, etc., or after recounter or rencounter. Compare Spanish rescuentro encounter, meeting, act of balancing (accounts).

Pronunciation

rescounter

/rɛsˈkaʊntə/