account stated

noun

account stat·​ed
-ˈstā-təd
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

Dictionary Entries Near account stated

Cite this Entry

“Account stated.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/account%20stated. Accessed 27 May. 2024.

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