A word lacking a definite meaning. Often used in conjunction with the words "regulation", "greed", and "oversight" (all of which have equally vague definitions) on major news networks to elicit emotional responses from their braindead viewers.
Talking Head 2: Yeah! We need more accountability!
Junior Accountant- But sir, what about the thousands of employee retirement funds? Are you aware of corporate accountability?
Kenneth Lay- (Silence... Crickets humming...) Umm, I just bought a new Maybach...