Avregne

Avregne is a verb used in Norwegian and related Scandinavian languages meaning to settle or balance accounts, to wind up financial matters, or to reconcile debts and credits. In accounting, business, and public administration, avregne denotes the act of finalizing a financial arrangement and determining the remaining sums to be paid or received. The noun avregning refers to the settlement itself, such as the closing of books or the final calculation of amounts due.

Etymology: it is formed from the prefix av- meaning away or off, combined with regne, to reckon or calculate. This creates a sense of bringing an account to a close. Related nouns include avregning and oppgjør (settlement or settlement of accounts).

Usage: the term is common in formal or administrative contexts. Examples: "Vi avregnet regnskapet for fjoråret" (We settled the books for last year), "partene avregner sine krav" (the parties settle their claims). In everyday language, other terms such as oppgjør or å avslutte regnskapet are often preferred.

Notes: in some contexts the word describes the legal or financial act of closing a transaction, and may be complemented by regulatory or contract-specific language. Cognate forms appear in related languages, such as Danish afregne and Swedish avregna, sharing the same core sense of settlement.

See also: regnskap, oppgjør, avregning.