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Account Settled - Law Dictionary Search Results

Account, settled

Account, settled, An account with a paid balance.

settle

usually out of court c : to close (as an account) by payment ;also : to close by compromise and payment … of law] 2 : to establish or secure permanently [a settled legal principle] 3 : close [ the sale of securities]

Clearing

day, the clerk to the Clearing House making up the accounts between each bank. The balances are not paid to or … or received from the other bankers as formerly, but are settled with the Clearing House, which keeps an account itself at

Account or Accompt

Account or Accompt [fr. compte, Fr., computo, Lat.], a registry of … acknowledged to be correct by all the parties; and (3) settled, where it has been accepted and discharged. Stated and settled

Liquidator

the requirements of the Act. He must send in his accounts twice a year at least to the Board of Trade … Board of Trade for the purposes of audit. As to settling the lists of contributories and the acceptance or rejection of

Live account

Live account, means an account that is not settled, Sydicate Bank v.

Bank-book

a bank for a customer, showing the state of his account with it; otherwise termed a 'Pass-book.' A pass-book passing to … bank and a customer is evidence of a stated and settled account, Cunliffe Brooks & Co. v. Blackburn Building Society, (1882)

Winding-up

Act, (72 of 1972), s. 8] The process of settling accounts and liquidating assets in anticipation of a partnership's or a … Management) Act, (72 of 1972), s. 8] The process of settling accounts and liquidating assets in anticipation of a partnership's or

Settlement credit

jury verdict-or the effect of the verdict on non-settling defendants-to account for settlement funds the plaintiff has received from former defendants … Settlement credit, means a court's reduction of the amount of a

fungible

of equal value in paying a debt or settling an account [oil, wheat, and lumber are commodities] n : something that … for another of equal value in paying a debt or settling an account [oil, wheat, and lumber are commodities] n :

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