The sum of all money or accounts that a business is due to receive from other parties who owe it money. This term is usually used with regard to a company balance sheet (in the assets section) to refer to the sum total of the tab or an account that other parties have open with the company and are due and owed. … [Read more...] about ACCOUNTS RECEIVABLE
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ACCOMPLICE
This refers to a person who helps another person commit a crime (the principal.) As opposed to an accessory who is not usually physically present at the scene of the crime at the time it is committed, an accomplice is usually present and may play an active role in the commission of the crime. Despite not being the primary actor in the criminal act, an accomplice may be found … [Read more...] about ACCOMPLICE
ACCOUNTABILITY
The state of being responsible for something, for example, being held accountable or responsible for one's own actions. … [Read more...] about ACCOUNTABILITY
ACCOUPLE
To unite; to marry. Ne unques accouple, never married … [Read more...] about ACCOUPLE
ACCORD
in contracts. A satisfaction agreed upon between the party injuring and the party injured, which when performed is a bar to all actions upon this account. 2. In order to make a good accord it is essential: 1. That the accord be legal. An agreement to drop a criminal prosecution as a satisfaction for an assault and imprisonment, is void. 3. 2. It must be advantageous to the … [Read more...] about ACCORD
