A person obligated on an account, chattel paper, or general intangible. • The UCC exempts from the definition of account debtor a person obligated to pay a negotiable instrument, even if the instrument constitutes chattel paper. UCC § 9-102(a)(3).
An account produced by the creditor and presented for the debtor’s examination and accep-tance.
client trust account. A bank account, usu. interest-bearing, in which a lawyer deposits money belonging to a client (e.g., money received from a client’s debtor, from the settlement of a client’s case, or from the client for later use in a business transaction). — Also termed trust account.
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assignee n. 受让人 指在财产、权利转让中接受转让的一方，其得到的权利不得优于转让人。该词通常只指事实上的受让人；不包括仅仅因法律的适用而享有权利的人，如继承人、执行拍卖〔execution sale〕中的买方、遗嘱信托的受托人等。依照美国《统一商法典》〔Uniform Commercial Code〕的规定，受让人的权利应受账目债务人〔account debtor〕对抗出让人的所有抗辩或权利主张的约束。 (→assignee in fact)
A general intangible under which the account debtor’s principal obligation is a monetary obligation. UCC § 9-102(a)(61).
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intangible, adj. Not capable of being touched; impalpable; INCORPOREAL. intangible, n. Something that lacks a physical form; an abstraction, such as responsibility; esp., an asset that is not corporeal, such as intellectual property. general intangible. Any intangible personal property other than goods, accounts, chattel paper, documents, instruments, investment property, rights to proceeds of written letters
constitutum possessorium (kon-sti-t[y]oo-t[schwa]m pah-ses-sor-ee-[schwa]m). [Latin “possessory agreement”] Roman law. 1. A type of constructive delivery in which mediate possession is transferred while the immediate control or custody remains in the transferor. 2. The agreement by which this transfer is brought about. • In the context of a security interest, the pledged property may remain in
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kalendarium (kal-[schwa]n-dair-ee-[schwa]m). [Latin] Roman law. 1. A book of accounts in which a moneylender recorded the names of debtors and the principal and interest due. 2. A written register of births, recorded daily.