Account closed
Defined in 2 dictionaries — Case Law, Black's (1910)
Definitions from Case Law
From 9 U.S. 15 - Mandeville and Jamesson v. Wilson · 1809Most cited · 20 citing opinions
An account which has ceased to run is an account closed. An account closed is an account stated; and it is expressly decided that an account stated is not excepted from the general operation of the statute.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
An account to which no further additions can be made on either side, but which remains still open for adjustment and set-off, which distinguishes it from an account stated. Bass v. Bass, 8 Pick. (Mass.) 187; Volkening v. De Graaf, 81 N. Y. 268; Mandeville v. Wilson, 5 Cranch, 15, 3 L. Ed. 23.
Defined under Account in Black's Law Dictionary.