reikninginn

Reikningurinn is the definite form of the Icelandic noun reikningur. The base word is versatile, referring to calculation or reckoning as well as to a bill, invoice, or an account. In modern Icelandic, reikningur is used for several related concepts, and reikningurinn specifies a particular item or record in context. The term appears in everyday commerce, banking, and bookkeeping, where it can denote a specific invoice, a financial statement, or a part of an accounting record.

Etymology and meaning: Reikningur comes from Old Norse reikningr, meaning calculation or reckoning. Over time its usage broadened to include documents that itemize debts, charges, or balances, as well as the broader concept of an account or ledger.

Usage in practice: In commercial settings, a customer receives reikningurinn after a transaction; payment is typically due by a stated date. In banking and finance, reikningurinn can refer to various records, such as a bank statement or a ledger entry, though more precise terms like bankareikningur (bank account) or reikningsskil (financial statements) are also used. In bookkeeping, reikningur forms part of the vocabulary for ledgers and accounts, with plural forms reikningar and definite forms reikningarnir.

See also: reikningur, reikningsskil, bankareikningur. The term remains common in Icelandic finance and everyday language, where context determines whether it points to an invoice, an account, or a financial record.