Definition of "true-up" [true-up]

  • (verb) To make something true, equal, or correct.
  • (verb) To make a wheel level, balanced or even by adjusting the spokes; to true a wheel; ideally, to make it perfectly circular in relation to the hub with no left or right bulges nor 'flat spots'.

Use "true-up" in a sentence

  • "And those crafty devils at NW Natural had the nerve to offset it partially by charging us something called an "income tax true-up.""
  • "Photo: Getty Images The new transfer will "true-up" the accounts of all former customers of the collapsed broker-dealer, according to a spokesman for the trustee, after a series of fund transfers last month left some complaining of unfair treatment."
  • "Trustee James Giddens 's goal with the third transfer of assets—up to $2.1 billion—is to "true-up" the accounts of all former customers of the collapsed broker-dealer, according to a spokesman for the trustee, after a series of fund transfers earlier this month left some complaining of unfair treatment."

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