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From: Webster's Revised Unabridged Dictionary (1913)

 Reck·on, v. i.
 1. To make an enumeration or computation; to engage in numbering or computing.
 2. To come to an accounting; to make up accounts; to settle; to examine and strike the balance of debt and credit; to adjust relations of desert or penalty.
    =\“Parfay,” sayst thou, “sometime he reckon shall.”\=
 To reckon for, to answer for; to pay the account for. “If they fail in their bounden duty, they shall reckon for it one day.” --Bp. Sanderson.
 To reckon on To reckon upon, to count or depend on; to include as a factor within one's considerations.
 To reckon with, (a) to settle accounts or claims with; -- used literally or figuratively. (b) to include as a factor in one's plans or calculations; to anticipate. (c) to deal with; to handle; as, I have to reckon with raising three children as well as doing my job.
    After a long time the lord of those servants cometh, and reckoneth with them.   --Matt. xxv. 19.
 -- To reckon without one's host, to ignore in a calculation or arrangement the person whose assent is essential; hence, to reckon erroneously.