Accord and Satisfaction
Accord and satisfaction is a legal agreement to settle a debt or dispute by accepting a different amount or performance…
Accommodation Party
An accommodation party is a person who signs a bill of exchange or promissory note to help another person get…
Accommodation Bill
An accommodation bill is a bill of exchange drawn and accepted without any real business transaction. It is created only…
Acceptance Supra Protest
Acceptance supra protest is a special type of acceptance of a bill of exchange made by a third party after…
Acceptance Credit
Acceptance credit is a type of short-term financing where a bank guarantees payment of a bill of exchange on behalf…
Acceptance Commission
Acceptance commission is the fee charged by a bank for agreeing to accept and guarantee payment of a bill of…
Acceleration
In finance and accounting, acceleration means making a payment or obligation become due earlier than originally planned. It usually happens…
Accelerated Depreciation
Accelerated depreciation is a method of depreciation where a business charges higher depreciation expense in the early years of an…
Accelerated Cost Recovery System (ACRS)
The Accelerated Cost Recovery System (ACRS) is a method of depreciation that allows businesses to deduct the cost of assets…


