In the debate of cash vs accrual accounting, learn which method of accounting is the best for your small business. Every small business must make a choice between two accounting methods--the cash method or the accrual method. The difference between the two is how and when you record income and expenses.
Full Definition of IDENTITY. 1. a: sameness of essential or generic character in different instances b: sameness in all that constitutes the objective reality of a thing: oneness. 2. a: the distinguishing character or personality of an individual: individuality b: the relation established by psychological identification.3. 4.xamples of IDENTITY. 1  The identity of the criminal is not known. 2  They produced their passports as proof of their identities. 3  They arrested the wrong man. 4  As children grow, they establish their own identities. 5  people who seem to lack individual identity. 6  His art reflects his cultural identity.
Webster's dictionary is an American English dictionary that was originally written and continues to be edited with American English spellings, definitions and colloquialisms i â¦ n mind. There are many words in Webster's dictionary that have different definitions than they would in a British dictionary. For example the word lift used in America as in Can I get a lift? would mean, Can I have a ride?. In a British dictionary, the word lift might refer to an elevator lift.