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adjustment

An adjustment is an amount added to or subtracted from a bill, charge, or account to correct an error or reflect a change.

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.”

Core meaning

“After the rate change, the clerk entered an adjustment on the account.”

In context