To encroach; to exercise power without due authority. To attempt to exercise royal power. 4 Bl. Oomm. 76. A knight who forcibly assaulted and detained one of the king's subjects till he paid him a sum of money was held to have committed treason, on the ground of accroachment. 1 Hale, P. C. 80. … [Read more...] about ACCROACH
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ACCOUNT IN BANK
com. law. 1: A fund which merchants, traders and others have deposited into the common cash of some bank, to be drawn out by checks from time to time as the owner or depositor may require. 2: The statement of the amount deposited and drawn, which is kept in duplicate, one in the depositor's bank book, and the other in the books of the bank. … [Read more...] about ACCOUNT IN BANK
ACCOUNTING METHOD
A manner, system or method used to calculate income and expenses, typically for taxes. Examples include the cash method of accounting, accrual method of accounting. … [Read more...] about ACCOUNTING METHOD
ACCOUNT OF SALES
comm. law. An account delivered by one merchant or tradesman to another, or by a factor to his principal, of the disposal, charges, commissions and net proceeds of certain merchandise consigned to such merchant, tradesman or factor, to be sold. … [Read more...] about ACCOUNT OF SALES
ACCOUNTING PERIOD
A period of time that pertains to financial statements or accounts, e.g. monthly, quarterly and annual. … [Read more...] about ACCOUNTING PERIOD