What is ACCOUNTS RECEIVABLE? Definition of ACCOUNTS RECEIVABLE in Black's Law Dictionary
Contract obligations owing to a person on open account. West Virginia Pulp & Paper Co. v. Karnes, 137 Va. 714, 120 S.E. 321, 322; charge accounts, Haverfield Co. v. Evatt, 143 Ohio St. 58, 54 N.E.2d 149, 152, installment balances, Duke Power Co. v. Hillsborough Tp., Somerset County, 20 N.J.Misc. 240, 26 A.2d 713, 725.
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That's the definition of ACCOUNTS RECEIVABLE in Black's Law Dictionary - Courtesy of Cekhukum.com.
