171. Account Stated
statement between a creditor--or the person to whom money is owned--and the debtor that a particular amount is owed to the seller as of a certain date
172. Accord And Satisfaction
an agreement to accept less than is legally due in order to wrap up a specified matter; once the accord and satisfaction is established, and the amount paid, the debt is cleared
173. Accomplice
Someone who assists in the commission of a crime and, unlike an accessory, is usually present at the crime
174. Accommodation
1) a favor done without compensation, such as a signature guaranteeing payment
of a debt, sometimes called an accommodation endorsement 2) compromising with an
for the sake of resolution
175. Accident
a sudden or unexpected event that occurs without foresight. For example, a car accident
176. Accessory
A second-string player who helps in the commission of a crime, the assistance can range from; planning, providing an alibi, or knowingly hiding the offender; the accessory must know of the omission or commission of a crime, but is usually not present during the actual crime
177. Access
1) In real estate, it is the right and ability to get to the property. 2) In a marriage, a husband is said to have "access" to his wife if he can partake in sexual intercourse with her
178. Acceptance Of Service
agreement by a defendant, or their attorney, in a legal action to accept a complaint or other petition without having the sheriff or process server physically appear; the agreement of "acceptance of service" must be in writing
179. Acceleration Clause
most often found in promissory notes for installment payments of real property, it requires that the property be sold and the resulting amount of the note be due immediately
180. Acceleration
1) In a contract or a promissory note, when the payment of debt is moved up to
the present time due to some event like non-payment of an installment or sale of
the property which secures the debt.