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FindLaw Legal Dictionary

The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.

term:

Account Stated

account stated n

pl: 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



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.

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