The Law Dictionary

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BILLRECEIVABLE Definition & Legal Meaning

Law dictionary entry - legal definition of embargo

Definition & Citations:

In a merchant’s accounts, all notes, drafts, checks, etc., payable to him, or of which he is to receive the proceeds at a future date, are called “bills receivable,” and are entered in a ledger-account under that name, and also noted in a book bearing the same title. State v. Robinson. 57 Md. 501.

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