Meaning account stated
What does account stated mean? Here you find 4 meanings of the word account stated. You can also add a definition of account stated yourself
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account statedn. a statement between a creditor or the person to whom money is ...
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account statedpl: 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
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account statedIn the U.S., account stated is a statement between a creditor and a debtor based upon a series of prior transactions. Hence, an account stated arises when a particular amount is owed to the creditor b [..]
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account statedn. a statement between a creditor or the person to whom money is owed and a debtor (the person who owes) that a particular amount is owed to the seller as of a certain date. Often the account stated i [..]
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