(Christianity, Islam) The final and eternal judgment by God of all nations; Final Judgment.
(by extension) Any time or event at which responsibility will be assigned.
Instead of facing the difficulties, the president preferred to put off the day of reckoning by flooding the country with inconvertible notes, with the result that the financial crisis became more and more aggravated.
The question is: have the new owners saved the company or merely deferred its day of reckoning?
But at length the day of reckoning came (cf.
But the day of reckoning could not be postponed for ever; and when the estates met in 1765 it brought the Caps into power at last.