Definition of virement in English:

virement

Pronunciation /ˈvɪəmɒ̃//ˈvʌɪəm(ə)nt/

noun

mass nounBritish
Finance
  • The process of transferring items from one financial account to another.

    • ‘It also provides information about the budget virement process, and when this should/should not be used.’
    • ‘The proposed virement and preservation of the Planning Delivery Grant would be managed to ensure that the Department would not exceed its overall budget allocation’

Origin

Early 20th century: from French, from virer ‘to turn’.

Pronunciation

virement

/ˈvɪəmɒ̃//ˈvʌɪəm(ə)nt/