What is another word for ACCOUNT STATED?

Pronunciation: [ɐkˈa͡ʊnt stˈe͡ɪtɪd] (IPA)

"Account stated" is a legal term that refers to an agreement between two parties regarding an outstanding balance. It is often used in the context of debt collection or settlement of accounts. However, if you need to use different words to describe this type of agreement, you can use synonyms such as "agreed balance," "settled account," or "mutual agreement on the balance due." Other relevant phrases are "agreed-upon balance," "final statement," or "balance confirmed." These synonyms can be useful in legal contexts where variations of the same term may be needed to avoid repetition or improve clarity.

Related words: account stated definition, account stated vs collateral, account stated documents, account stated meaning, account stated clauses, account stated in financial accounting, account stated papers

Related questions:

  • What is an account stated?
  • What is account stated in accounting?
  • What do account stated documents include?
  • What is the difference between an account stated and a collateral agreement?
  • Word of the Day

    Billy Mays
    Billy Mays, a legendary figure in the world of infomercials, was highly regarded as the "Pitchman King" due to his remarkable ability to sell almost anything. Synonymous with chari...