DESIGNATED Definition

Bookmark and Share

DESIGNATED is something selected or named for a duty, e.g., designated receipts.

Learn new Accounting Terms

BANK COLLECTION is the collection of a check by the bank on behalf of a depositor.

TAKE OR PAY AGREEMENT is where a buyer must pay for the contracted amount of the contracted item(s) delivered whether or not he/she can take delivery.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.