account debtor


account debtor
index debtor

Burton's Legal Thesaurus. . 2006


account debtor
n.
1 One who owes the balance of an account.
2 In the Uniform Commercial Code, one who owes an obligation on an account, chattel paper, or intangible property.
See also debtor, account creditor.

Webster's New World Law Dictionary. . 2000.

Look at other dictionaries:

  • account debtor — An individual or business that is obligated to pay on an account, chattel paper, contract right, or general intangible. American Banker Glossary …   Financial and business terms

  • account debtor — Person who is obligated on an account, chattel paper or general intangible. U.C.C. No. 9 105(lXa) …   Black's law dictionary

  • account debtor — Person who is obligated on an account, chattel paper or general intangible. U.C.C. No. 9 105(lXa) …   Black's law dictionary

  • debtor — debt·or n: a person who owes a debt see also bankrupt compare creditor, obligee, obligor ◇ The Bankruptcy Act of 1978 calls the person concerned in a bankruptcy case the “debtor” as opposed to the “bankrupt.” …   Law dictionary

  • account — A detailed statement of the mutual demands in the nature of debit and credit between parties, arising out of contracts or some fiduciary relation. A statement in writing, of debits and credits, or of receipts and payments; a list of items of… …   Black's law dictionary

  • account — A detailed statement of the mutual demands in the nature of debit and credit between parties, arising out of contracts or some fiduciary relation. A statement in writing, of debits and credits, or of receipts and payments; a list of items of… …   Black's law dictionary

  • account stated — account stat·ed / stā təd/ n pl accounts stated: an account presented by a creditor to his or her debtor which by implied or express acceptance has been agreed upon by both parties as correct Merriam Webster’s Dictionary of Law. Merriam Webster.… …   Law dictionary

  • account rendered — account ren·dered / ren dərd/ n pl accounts rendered: an account presented by a creditor to a debtor for examination and settlement Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. account rendered …   Law dictionary

  • account payable — account pay·able / pā ə bəl/ n pl accounts payable: the balance due to a creditor on a current account Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. account payable …   Law dictionary

  • account receivable — account re·ceiv·able / ri sē və bəl/ n pl accounts receivable: a balance due from a debtor on a current account Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. account receivable …   Law dictionary


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