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Assigned Account |
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A type of secured transaction whereby an account receivable is pledged to a bank, factor, or other lender to secure the repayment of a loan. It is common commercial practice for a manufacturer or wholesaler to sell inventory on open account, a debt owed to the seller of inventory that is to be repaid by its buyer as the merchandise is sold. This arrangement creates an account receivable that the seller uses as collateral for a loan. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| This approach treats e-filing as a product that should have strong customer support for EROs through their assigned account managers in the field. We have assigned account executives to some of the major New York City and Westchester property management firms, communication companies, hotels, insurance firms, banks and the stock markets, just to name a few clients. Newdorf will act as liaison between account, creative and finance departments to develop artwork for production on his assigned accounts. |
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