adjustment

(ə-jŭst'mənt)
n.

1. The act of adjusting or the state of being adjusted.
2. A means of adjusting.
3. Settlement of a debt or claim.
4. A modification, fluctuation, or correction: made an adjustment on the telephone bill; an adjustment in the consumer price index.

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In fulfillment, change made to a computer file record. An adjustment to a customer file record is usually made in response to a complaint or clarification from a customer. See also add; address correction; delete.

Accounting entry for ledger entries not previously posted and transferred to subsidiary accounts, or to correct bookkeeping errors. In computation of equity Capital a bank writes down the book value, or original value, of loans when they were made by 100% for loans classified as Loss and 50% for Doubtful Loans with the difference being charged to the Loan Loss Reserve for bad debt. See also Adjusted Capital Ratio; Risk-Based Capital.

noun

The act of making suitable to an end or the condition of being made suitable to an end: accommodation, adaptation, adaption, conformation. See change/persist.

IN BRIEF: The act of living with change in circumstances.

Ely had to make an adjustment after winning the lottery.

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Summarization of statistical measures in which the effects of differences in composition of the populations being compared have been minimized by statistical methods.

• chiropractic a. — application of force to a vertebral articulation to restore biomechanical and neurological function.

(əjust′ment)
n

A modification of a restoration or of a denture after insertion in the mouth.

For a list of words related to adjustment, see:

• Accounting - adjustment: amount added to or subtracted from account to bring balance up to date
• Insurance - adjustment: estimate of loss; settlement of claim

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