assigned account
1assigned account — A type of secured transaction whereby an account receivable is pledged to a bank, factor, or other lender to secure the repayment of a loan. Dictionary from West s Encyclopedia of American Law. 2005. assigned account …
2assigned account — bank account offered by the borrower as a guarantee that he will repay his loan …
3assigned account — Pledge of account receivable to bank or factor as security for loan …
4assigned account — Pledge of account receivable to bank or factor as security for loan …
5account identifier code — (AIC) A three digit code that assigns financial transactions to the proper account on the general ledger. Each AIC is assigned a corresponding general ledger …
6account management — The planning, implementation, and measurement of customer service activities for assigned customer accounts. This is required to realize postal volume and revenue potential for these accounts …
7account — /euh kownt /, n. 1. an oral or written description of particular events or situations; narrative: an account of the meetings; an account of the trip. 2. an explanatory statement of conduct, as to a superior. 3. a statement of reasons, causes, etc …
8Account identification — ■ An ISO term. A series of characters used to identify a customer account or relationship. 28x. The remitting financial institution s account serviced by the receiving bank. 2*35x. The identification assigned by the account servicing bank… …
9account number — individual number assigned to all account holders which specifies which account belongs to them (at a bank, etc.) …
10Account servicing bank's reference — An ISO term. The reference assigned by the account servicing bank to identify the transaction. 16x …
