in general business terminology, a particular client (or customer) see joint account; open account
- ACCOUNT DEBTOR
- person who is obligated on an account
- ACCOUNT PAYABLE
- the amount of money that a business owes to its suppliers (and/or other regular trading partners)
- ACCOUNTS RECEIVABLE
- a list of moneys owed – on current accounts – to a creditor (which: (a) is kept in the normal course of the creditor’s business; and (b) represents unsettled claims & transactions)
