MLchartDataset catalogue

Account

Term · Law · MLC-T-LAW-000310

A formal record of financial transactions, typically maintained by a business or individual, showing debits and credits. It serves as a summary of financial activity for a specific asset, liability, equity, revenue, or expense item. Examples include checking accounts, savings accounts, and general ledger accounts.

Table 1. Record
IdentifierMLC-T-LAW-000310
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000310",
  "term": "Account",
  "field": "Law",
  "definition": "A formal record of financial transactions, typically maintained by a business or individual, showing debits and credits. It serves as a summary of financial activity for a specific asset, liability, equity, revenue, or expense item. Examples include checking accounts, savings accounts, and general ledger accounts.",
  "url": "https://mlchart.com/terminology/law/account/"
}

Record 71 of 5,439 in Law terminology (MLC-0107). Request the full dataset.