\Reck"on*ing\, n.
1. The act of one who reckons, counts, or computes; the
   result of reckoning or counting; calculation.
   Specifically:
   (a) An account of time. --Sandys.
   (b) Adjustment of claims and accounts; settlement of
       obligations, liabilities, etc.
             Even reckoning makes lasting friends, and the
             way to make reckonings even is to make them
             often.                            --South.
             He quitted London, never to return till the day
             of a terrible and memorable reckoning had
             arrived.                          --Macaulay.
2. The charge or account made by a host at an inn.
         A coin would have a nobler use than to pay a
         reckoning.                            --Addison.
3. Esteem; account; estimation.
         You make no further reckoning of it [beauty] than of
         an outward fading benefit nature bestowed. --Sir P.
                                               Sidney.
4. (Navigation)
   (a) The calculation of a ship's position, either from
       astronomical observations, or from the record of the
       courses steered and distances sailed as shown by
       compass and log, -- in the latter case called dead
       reckoning (see under {Dead}); -- also used fro dead
       reckoning in contradistinction to observation.
   (b) The position of a ship as determined by calculation.
{To be out of her reckoning}, to be at a distance from the
   place indicated by the reckoning; -- said of a ship.