Abandonment Voluntarily relinquishing or surrendering tangible or intangible property or a claim or a right to it (Encyclopedic Dictionary of Business Terms)

Abbreviation A shortened form of a word or phrase (Encyclopedic Dictionary of Business Terms)

Abrogate To abolish, annul, repeal, revoke or cancel, especially by authority (Encyclopedic Dictionary of Business Terms)

Absentee Owner Someone who does not personally reside on or manage the property he or she owns (Encyclopedic Dictionary of Business Terms).

Abstract A summary of a larger statement or document (Encyclopedic Dictionary of Business Terms).

Acceleration Clause A clause in aloan contract, installment agreement, or other document that gives a lender the right to declare that an entire debt or the remaining balance is due immediately if the borrower defaults or violates a provision of the document (Encyclopedic Dictionary of Business Terms).

Account (Accounting) A bookkeeping record of a business transaction reported by making debit and credit entries (Encyclopedic Dictionary of Business Terms).

Account (Finance) A record maintained for a bank or brokerage customer, under the customer's name, that shows customer deposits and withdrawals (Encyclopedic Dictionary of Business Terms).

Account (General) A Customer or client (Encyclopedic Dictionary of Business Terms).

Accountability Responsibility for results and an obligation to report (University of British Columbia)