1.
final settlement of accounts; overall accounting
The comprehensive closing of all accounts at the end of a fiscal period, covering all transactions.
2.
final reckoning; grand summing-up
A figurative comprehensive review or final assessment of a period of effort, a series of events, or an entire endeavor.
A compound of 総 (overall, total) and 決算 (settlement of accounts). Originally an accounting term, it is widely used figuratively to mean a comprehensive review or final assessment of any endeavor.
Common collocations
- 総決算を行う: to conduct a final reckoning
- 総決算をする: to do a summing-up
- 一年の総決算: a year-end review
- 人生の総決算: a life's final reckoning
Usage
In business, this is a formal accounting term. In everyday usage, it often appears at year-end or at the conclusion of a long project, career, or era to describe looking back and evaluating the whole.
Related words
Related Words
Related:
総括 (summary, overview)