Assignee—The person to whom the property or business is transferred. Usually acts as a trustee of the creditors.
Assignment—The debtor's transfer or conveyance of his property to a trustee.
Assignor—The debtor who makes an assignment, or transfers property for the benefit of creditors.
Association—A body organized for a common object.
Attachment—A legal seizure of goods to satisfy a debt or claim.
Auxiliary—Books of record other than books of original entry or principal books of account. Books used for purposes of distribution or the gathering of statistics are "auxiliary" books.
Audit—To verify the accuracy of accounts by examining or checking records pertaining thereto.
Average—As applied to accounts, the mean time which bills of different dates have to run, or an average due date for several accounts. Determining the due date is sometimes referred to as averaging accounts.
Balance—The difference between the debit and credit sides of an account. To close an account by entering the amount on the lesser side necessary to make the two sides balance.
Balance Sheet—A statement or summary in condensed form made for the purpose of showing the standing or condition of a business.