To grow. To accumulate. See accretion. … [Read more...] about ACCRETE
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ACCOUNT HOLD
When a bank account is frozen and withdrawal of funds is restricted. This can occur when funds in the account may be collateral or held as a result of a lien or restraining order. … [Read more...] about ACCOUNT HOLD
ACCOUNTING CONTROLS
Procedures and controls in an organization that prevent fraud and monitor transactions, which also provides assurance that accounts and records are most likely accurate and reliable. … [Read more...] about ACCOUNTING CONTROLS
ACCRETION
The act of growing to a thing; usually applied to the gradual and imperceptible, accumulation of land by natural causes, as out of the sea or a river. Accretion of land is of two kinds: By alluvion, i.e., by the washing up of sand or soil, so as to form firm ground; or by dereliction, as when the sea shrinks below the usual water mark. The increase of real estate by the … [Read more...] about ACCRETION
ACCOUNT HOLDER
The party that is the owner of the account, one who controls or is authorized to use an account. … [Read more...] about ACCOUNT HOLDER
