Due from account

  An ISO term. See preferred term Nostro account.

International financial encyclopaedia . 2014.

Look at other dictionaries:

  • Due From Account — An asset account in the general ledger that indicates the amount of deposits currently held at another company. The due from account is typically used in conjunction with a due to account to reconcile which accounts the money is due from and due… …   Investment dictionary

  • Due To Account — A liability account typically found inside the general ledger that indicates the amount of funds currently payable to another account. The due to is used in conjunction with a due from account to reconcile from which account the money will be… …   Investment dictionary

  • Due from bank —   An ISO term. See preferred term Account servicing bank …   International financial encyclopaedia

  • account receivable — account re·ceiv·able / ri sē və bəl/ n pl accounts receivable: a balance due from a debtor on a current account Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. account receivable …   Law dictionary

  • account receivable — pl. accounts receivable. a claim against a debtor, carried on open account, usually limited to debts due from the sale of goods and services. [1935 40] * * * Any amount owed to a business as the result of a purchase of goods or services from it… …   Universalium

  • account receivable — noun (plural accounts receivable) : a balance due from a debtor on a current account * * * pl. accounts receivable. a claim against a debtor, carried on open account, usually limited to debts due from the sale of goods and services. [1935 40] …   Useful english dictionary

  • account receivable — A debt, owed to an enterprise, that arises in the normal course of business dealings and is not supported by negotiable paper. For example, the charge accounts of a department store. But income due from investments (unless investments are the… …   Black's law dictionary

  • account receivable — noun (plural accounts receivable) Date: 1936 a balance due from a debtor on a current account …   New Collegiate Dictionary

  • account payable — account pay·able / pā ə bəl/ n pl accounts payable: the balance due to a creditor on a current account Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. account payable …   Law dictionary

  • account stated — account stat·ed / stā təd/ 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 Merriam Webster’s Dictionary of Law. Merriam Webster.… …   Law dictionary

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