In plain English
It is a change in the amount on a bill, charge, or account. The amount can go up or down so the total reflects a correction or an updated change.
In context
Here, adjustment labels the amount that changes the balance upward or downward to correct an error or reflect a change.
- Situation
- Understanding invoices, billing statements, balances, due dates, credits, and receipts
- What it communicates
- labels a change added to or subtracted from the balance
Meaning limits
The term by itself does not show why the amount changed or whether it increased or reduced the balance.
Examples
“The invoice showed a $15 adjustment after the original charge was entered twice.”
“After the rate change, the clerk entered an adjustment on the account.”