← Back to "A" terms

ACCOUNTABLE RECEIPT. An in

Categories: Contracts

Definition (1910 Edition)

strument acknowledging the receipt of money or personal property, coupled with an obligation to account for or pay or deliver the whole or some part of it to some person.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain. UK commentary and modern updates are original additions. This entry is for educational reference only and does not constitute legal advice.