Reconciliation meaning: Explore the meaning of

Explore the meaning of reconciliation , its process, and practical examples. A simple guide to understanding this key concept in finance and accounting. RECONCILIATION meaning : 1 : the act of causing two people or groups to become friendly again after an argument or disagreement; 2 : the process of finding a way to make two different ideas, facts, etc., exist or be true at the same time RECONCILIATION meaning : 1. a situation in which two people or groups of people become friendly again after they have…. Learn more. Reconciliation is the process of two people or groups in a conflict agreeing to make amends or come to a truce . Reconciliation is also the name of a Catholic sacrament involving the confession of sin.