book account

book account
An account based upon transactions creating a debtor and creditor relation, evidenced by entries made in a book regularly kept and used for that purpose. Plunkett-Jarrell Grocery Co. v Terry, 222 Ark 784,263 SW2d 229, 44 ALR2d 917. See book of account.

Ballentine's law dictionary. . 1998.

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  • Book account — Book Book (b[oo^]k), n. [OE. book, bok, AS. b[=o]c; akin to Goth. b[=o]ka a letter, in pl. book, writing, Icel. b[=o]k, Sw. bok, Dan. bog, OS. b[=o]k, D. boek, OHG. puoh, G. buch; and fr. AS. b[=o]c, b[=e]ce, beech; because the ancient Saxons and …   The Collaborative International Dictionary of English

  • book account — An account of a customer kept in a business ledger of debits and credits (charges and payments), containing all the financial transactions with that party during the period. It provides a clear statement of the amount due from or to that party at …   Law dictionary

  • book-account — bookˈ account noun An account of debt or credit in a book • • • Main Entry: ↑book …   Useful english dictionary

  • book account — A detailed statement, in the nature of debits and credits between entities; an account or record of debits and credits kept in a book. A book in which a detailed history of business transactions is entered; a record of goods sold or services… …   Black's law dictionary

  • book account — A detailed statement, in the nature of debits and credits between entities; an account or record of debits and credits kept in a book. A book in which a detailed history of business transactions is entered; a record of goods sold or services… …   Black's law dictionary

  • book account —    An account of a customer that is kept in a business ledger of debits and credits (i.e., charges and payments) that shows the amount due at any given time. See account stated …   Business law dictionary

  • book account — noun : current account 1a …   Useful english dictionary

  • Book — (b[oo^]k), n. [OE. book, bok, AS. b[=o]c; akin to Goth. b[=o]ka a letter, in pl. book, writing, Icel. b[=o]k, Sw. bok, Dan. bog, OS. b[=o]k, D. boek, OHG. puoh, G. buch; and fr. AS. b[=o]c, b[=e]ce, beech; because the ancient Saxons and Germans… …   The Collaborative International Dictionary of English

  • Book debt — Book Book (b[oo^]k), n. [OE. book, bok, AS. b[=o]c; akin to Goth. b[=o]ka a letter, in pl. book, writing, Icel. b[=o]k, Sw. bok, Dan. bog, OS. b[=o]k, D. boek, OHG. puoh, G. buch; and fr. AS. b[=o]c, b[=e]ce, beech; because the ancient Saxons and …   The Collaborative International Dictionary of English

  • Book learning — Book Book (b[oo^]k), n. [OE. book, bok, AS. b[=o]c; akin to Goth. b[=o]ka a letter, in pl. book, writing, Icel. b[=o]k, Sw. bok, Dan. bog, OS. b[=o]k, D. boek, OHG. puoh, G. buch; and fr. AS. b[=o]c, b[=e]ce, beech; because the ancient Saxons and …   The Collaborative International Dictionary of English

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