MLchartDataset catalogue

Account debtor

Term · Law · MLC-T-LAW-000311

A person or entity obligated to pay money on an account, chattel paper, or general intangible. This obligation arises from the sale of goods, services rendered, or other transactions that create a monetary claim. The Uniform Commercial Code (UCC) Article 9 defines the rights and duties of an account debtor when the account has been assigned.

Table 1. Record
IdentifierMLC-T-LAW-000311
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000311",
  "term": "Account debtor",
  "field": "Law",
  "definition": "A person or entity obligated to pay money on an account, chattel paper, or general intangible. This obligation arises from the sale of goods, services rendered, or other transactions that create a monetary claim. The Uniform Commercial Code (UCC) Article 9 defines the rights and duties of an account debtor when the account has been assigned.",
  "url": "https://mlchart.com/terminology/law/account-debtor/"
}

Record 72 of 5,445 in Law terminology (MLC-0107). Request the full dataset.