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account receivable an amount owed to a business by a debtor, usu. for goods and services received.
bankrupt in law, a debtor who by his own petition or petition by others is legally declared incapable of meeting debts and whose assets are administered by a court for his creditors' benefit. [1/6 definitions]
deficiency judgment a judicial decision in favor of a creditor for that part of a debt not satisfied by the debtor, esp. following the foreclosure and sale of a mortgage property.