true up
To fix something so it is exactly right, correct, or perfectly aligned.
Meanings
In accounting or finance: to reconcile figures and correct them to exact amounts, often after estimates or advance payments have been used.
"At the end of the financial year, the accountants need to true up all the interim payment estimates."
In carpentry or engineering: to make a surface, joint, or structure perfectly flat, straight, or aligned.
"You'll need to true up the frame before fitting the door, or it won't close properly."
Common in accounting and finance, where it means to reconcile figures or adjust payments to correct amounts after estimates have been used. Also used in carpentry and engineering for making surfaces level. Increasingly heard in business and finance contexts.
Commonly used with
Forms
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Synonyms
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