The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

NONCASH ITEM Definition & Legal Meaning

Law dictionary entry - legal definition of embargo

Definition & Citations:

1. Accounting: A Financial items that does not affect the firm’s cash inflows and outflows while being included in the computation of its income on the basis of accruement 2. Banking: Checks and other such negotiable instruments that are only credited to a holder’s account upon clearance by the bank.

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