By Henry Campbell Black
Black's legislation Dictionary: Definitions of the phrases and words of yankee and English Jurisprudnce, historic and sleek, fifth version
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Additional resources for Black's Law Dictionary 5th Edition
See Accumulative divi dends; Dividend (Cumulative). Accrued alimony. paid. Accrued depreciation. Amount reserved each year in the accounting system for replacement of asset. Por tion of useful service life which has expired. State ex reI. City of St. Louis v. Public Service Commission, 34 1 Mo. 2d 749, 768. A loss which is not restored by current maintenance, and which is due to all factors involved causing ultimate retire ment of the property, including wear, tear, decay, and inadequacy. Iowa-Illinois Gas & Elec.
Of counsel; a counsellor. The term is used in the civil law by some writers instead of a responsis. A contrario sensu ley kQntreriyow sensyuw I . other hand; in the opposite sense. On the Acquainted. Having personal, familiar, knowledge of a person, event, or thing. "Acquaintance" expresses less than familiarity; familiarity less than intimacy. Acquaintance springs from occasional intercourse, fa miliarity from daily intercourse, intimacy from unre served intercourse. Atkins Corporation v. 2d 480, 483.
Accounts comprising mutual cred its between the parties; or an existing credit on one side which constitutes a ground for credit on the other, or where there is an understanding that mutual debts shall be a satisfaction or set-off pro tanto be tween the parties. Open account. An account which has not been final ly settled or closed, but is still running or open to future adjustment or liquidation. Open account, in legal as well as in ordinary language, means an in debtedness subject to future adjustment, and which may be reduced or modified by proof.