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Book of account

Book of account, It involves either addition or subtraction or both of these operations of arithmetic. A book which contains successive entries of items may be a good memorandum book; but until those entries are totalled...

Accountant-General, or Accomptant-General

Accountant-General, or Accomptant-General, an officer of the Court of Chancery, appointed by Act of Parliament to receive all money

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general accounting office

general accounting office (GAO) The federal government office that carries out legal, accounting, auditing and claims settlement functions with

Accounts

Accounts, accounts, in relation to, commercial undertakings of a government, includes trading, manufacturing and profit and loss accounts and balance-sheets and other subsidiary accounts, Comptroller and Auditor-General [Duties, Powers and Conditions of Service Act, 1971 (56...

Account stated

Account stated, An account stated is the admission of a balance due from one party to another, and that balance being due there is a debt; the statement of the account and the admission of the...

Accountant or Accomptant

Accountant or Accomptant, one whose business it is to compute, adjust, and range in due order accounts; also to

Mutual account

Mutual account, a 'mutual account' means not merely where one of the parties has received money and paid it on account of the other, but where each of the two parties has received and paid on...

Accounts, falsification of

Accounts, falsification of, a misdemeanour on the part of a clerk, etc., by the (English) Falsification of Accounts Act, 1875 (38 & 39 Vict. C. 24), punishable by penal servitude up to seven years or imprisonment,...

Chartered Accountant

Chartered Accountant. See ACCOUNTANT. Means a chartered accountant as defined in clause (b) of sub-s. (1) of s. 2 of

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