All Definitions
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Account Name
Account Name means the distinctive title assigned to an account relevant to executing specified transactions, holding funds, or administrating projects
Accounts
the audited balance sheet and profit and loss account of the Company a consolidation of the audited balance sheets and profit and loss accounts of the Company and the Subsidiary Undertakings for the period ended on the Accounts Date in the agreed form; Note: amend as appropriate
Accounts Date
Note: insert relevant details;
Account Signatory
Account Signatory means an individual authorized by the Account Holder to execute transactions on their account.
Accounts Payable Contact
Accounts Payable Contact means an individual designated to manage organization's financial processes, banking details, credit limits, order communications and tax-related affairs
Account Summary
Account Summary means a concise record of a client's financial positions, portfolio, obligations and cash deposits at a specific moment.
Account Suspension
Account Suspension means an account is temporarily unable to conduct transactions due to reasons defined in [terms and conditions].
Accrual Balance
Accrual Balance means the liability accrued by [organization], calculated following Generally Accepted Accounting Principles (GAAP) and applicable to [organization]'s obligations.
Accrued Day Off (ADO)
Accrued Day Off (ADO) means a day off earned by employees due to varying work schedules or overtime