Definition of virement in English:

virement

Pronunciation /ˈvʌɪəm(ə)nt//ˈvɪəmɒ̃/

noun

British
Finance
  • [mass noun] The process of transferring items from one financial account to another.

    • ‘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’
    • ‘It also provides information about the budget virement process, and when this should/should not be used.’

Origin

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

Pronunciation

virement

/ˈvʌɪəm(ə)nt//ˈvɪəmɒ̃/