What is another word for contra-account?
Pronunciation: [kˈɒntɹəɹɐkˈa͡ʊnt] (IPA) 
A contra-account refers to a type of account that is used in accounting to offset or balance out the main account. This helps to provide a more accurate picture of the financial health of an organization. Some synonyms or similar terms for a contra-account include offset account, contra asset account, provision account, and reserve account. These terms all relate to the idea of balancing out the main account or providing a buffer or cushion against certain liabilities or expenses. It is important to understand the role of contra-accounts in accounting to ensure accurate financial reporting and decision-making.
