Legal Definition and Related Resources of Mutual Account
Meaning of Mutual Account
An account that arises where there are mutual dealings between parties and account is permitted to run with a view to ultimate adjustment of balance betwen parties. An account where each party has extended credit to other and in which there has been reciprocal demand .
Mutual Account Alternative Definition
See “Account.”
Related Entries of Mutual Account in the Encyclopedia of Law Project
Browse or run a search for Mutual Account in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Mutual Account in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Mutual Account in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Mutual Account in the Legal Abbreviations and Acronyms Dictionary.
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| Resource | Description |
|---|---|
| Mutual Account in the Dictionary | Mutual Account in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Mutual Account |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Mutual Account in the World Encyclopedia of Law |
Notice
This definition of Mutual Account is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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|---|---|
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| Sitemap Index | Sitemap Index, including Taxonomies |
| https://legaldictionary.lawin.org/mutual-account/ | The URI of Mutual Account (more about URIs) |
Meaning of Mutual Account
In this law dictionary, the legal term mutual account is a kind of the Banking class.
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