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Mutual accounts

Defined in 3 dictionaries — Ballentine's (1916), Black's (1910), Black's (1891)

Ballentine's Law Dictionary

James A. Ballentine · 1916

Accounts wherein demands on both sides exist at the same time. See 83 Am. Dec. 81, note. See, also, 79 N. Y. 1,. 35 Am. St. Rep. 496.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

Accounts comprising mutual credits between the parties ; or an existing credit on one side which constitutes a ground for credit on the other, or where there is an understanding that mutual debts shall be a satisfaction or set-off pro tanto between the parties. McNeil v. Garland 27 Ark. 343.

Defined under Account in Black's Law Dictionary.

A Dictionary of Law

Henry Campbell Black · 1891

Accounts comprising mutual credits between the parties; or an existing credit on one side which constitutes a ground for credit on the other, or where there is an understanding that mutual debts shall be a satisfaction or set-off pro tanto between the parties. 27 Ark. 343,