Tag: Account
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Custodial Account
Meaning of Custodial Account In this law dictionary, the legal term custodial account is a kind of the Banking class. Resources See Also Uniform Transfers To Minors Act Infants Banking
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Pledged Account
Meaning of Pledged Account In this law dictionary, the legal term pledged account is a kind of the Accounting class. Resources See Also Accounting
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Current Account
In banking practice it signifies an open, running account of a customer from which the customer draws money from time to time.
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Account settled
A settled account is a statement in writing of the accounts between two parties, one of whom is under a duty to account to the other, which both of them have agreed to and accepted as correct. The plea of a settled account is a good defence to an action for an account, but the…
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Now Account
Meaning of Now Account In this law dictionary, the legal term now account is a kind of the Banking class. Resources See Also Banks Banking Building Loan Associations Banking
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Now Account
Meaning of Now Account In this law dictionary, the legal term now account is a kind of the Banking class. Resources See Also Banks Banking Building Loan Associations Banking
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Withdrawal Account
Meaning of Negotiable-order-of-withdrawal Account In this law dictionary, the legal term negotiable-order-of-withdrawal account is a kind of the Accounting class. Resources See Also Now Account Accounting
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Withdrawal Account
Meaning of Negotiable-order-of-withdrawal Account In this law dictionary, the legal term negotiable-order-of-withdrawal account is a kind of the Accounting class. Resources See Also Now Account Accounting
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Joint Account
The rule that where two or more persons advance money and take the security to themselves jointly, each is in equity deemed to be separately entitled to his proportion of the money, so that on his death it passes to his personal representatives and not to his surviving co-lenders, made it […]
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Capital Account
Net result of public and private international investment and lending activities….
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Open Account
A running or unsettled account. …
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Tax-deferred Account
Meaning of Tax-deferred Account In this law dictionary, the legal term tax-deferred account is a kind of the Accounting class. Resources See Also Accounting
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Lien Account
Meaning of Lien Account In this law dictionary, the legal term lien account is a kind of the Accounting class. Resources See Also Liens Mechanics Liens Accounting
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Pay-on-death Account
Meaning of Pay-on-death Account In this law dictionary, the legal term pay-on-death account is a kind of the Accounting class. Resources See Also Banks Banking Accounting
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Running Account
A mutual account between creditor and debtor which shows all transactions between parties , being the continuous record of the entry of the charges as well as […]