Assignment of Book Accounts: Canada Debt .ca defines Assignment of Book Accounts

Bankruptcy Term Assignment of Book Accounts

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Canada Debt has the definition to the bankruptcy and debt term Assignment of Book Accounts. Finding answers to terms such as Assignment of Book Accounts can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Assignment of Book Accounts in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Assignment of Book Accounts' is used as follows:

The assigning by a company or business to a lender, usually a bank, the interest that the person or company has in accounts receivables.