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open-account terms

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  • open account — Trading on the basis that payment will be debited to the customer s account and settled on the basis of the payment terms applicable to that account. Easyform Glossary of Law Terms. UK law terms. open account n. (1) An unsettl …   Law dictionary

  • open account — An account the balance on which has not been ascertained; one which has not been closed, settled, or stated, and in which the inclusion of further dealings between the parties is contemplated. Anno: 1 ALR 1060 s. 39 ALR 369, 57 ALR 201. A… …   Ballentine's law dictionary

  • Open-space technology — (OST) is an approach for hosting meetings, conferences, corporate style retreats, and community summit events, focused on a specific and important purpose or task but beginning without any formal agenda, beyond the overall purpose or theme.… …   Wikipedia

  • open — 1 adj 1: exposed to general view or knowledge: free from concealment an open, notorious, continuous, and adverse use of the property an open and obvious danger ◇ When a defect, hazard, or condition is open such that a reasonable person under the… …   Law dictionary

  • account — I (evaluation) noun appraisal, assessment, com pre rendu, enumeration, financial statement, ledger, list of receipts and payments, ratio, register, statement, statement of debits and credits, statement of pecuniary transactions, tally, valuation… …   Law dictionary

  • account payable — pl. accounts payable. a liability to a creditor, carried on open account, usually for purchases of goods and services. [1935 40] * * * Any amount owed as the result of a purchase of goods or services on a credit basis. Although a firm making a… …   Universalium

  • Open Directory Project — URL dmoz.org Commercial? No Type of site Web directory …   Wikipedia

  • Open market operations — (also known as OMO) is the buying and selling of government bonds on the open market by a central bank. It is the primary means of implementing monetary policy by a central bank. The usual aim of open market operations is to control the short… …   Wikipedia

  • OPEN — Period (OPEN) The period that defines when the trading service is opened. London Stock Exchange Glossary * * * ▪ I. open open 1 [ˈəʊpən ǁ ˈoʊ ] adjective [not before a noun] 1. COMMERCE if a shop, bank, restaurant etc is open, it is allowing… …   Financial and business terms

  • Open XML Paper Specification — (OpenXPS) Filename extension .oxps, .xps Internet media type application/oxps, application/vnd.ms xpsdocument Developed by Micro …   Wikipedia

  • Open Philanthropy — is the doctrine which holds that the programming, operations, governance, effectiveness, and efficiency of nonprofit organizations should be open and visible by the public, donors, and especially, stakeholders in those nonprofits. Among recent… …   Wikipedia

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