Law Dictionary

account stated

noun account stat·ed \ -ˈstā-təd \

legal Definition of account stated

plural 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

Learn More about account stated


Seen and Heard

What made you want to look up account stated? Please tell us where you read or heard it (including the quote, if possible).

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

WORD OF THE DAY

a ram's-horn trumpet used in Judaism

Get Word of the Day daily email!

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!