accord

ac·cord ¹ /ə-'kȯrd/ vt

1: to bring into agreement

2: to grant or give esp. as appropriate, due, or earned

vi: to be consistent or in harmony

◇ Accord in this sense is often used to introduce a case or an authority that accords with the case or authority just cited, as for example in a sentence like “... a decision based on equitable principles. Accord Smith v. Jones, 1 F.2d 2 (1900).”

accord ² n

1: agreement of opinion

both cases in accord

2: a formal act of agreement: treaty

an economic accord

3: an accepted offer by which the parties agree that a specified future performance will discharge in full an obligation when performed even though the performance is of less value than the original obligation; also: the defense that an accord was agreed upon

— usu. used in the phrase accord and satisfaction; – called also executory accord; compare composition, compromise, novation, satisfaction; substituted contract at contract, transaction 3

ac·count ¹ n

1 a: a record of debit and credit entries to cover transactions involving a particular item (as cash or notes receivable) or a particular person or concern

b: a statement of transactions during a fiscal period showing the resulting balance

— sometimes used in the pl.

trustees filed annual accord s as required by statute — W. M. McGovern, Jr. et al.

2: a periodically rendered reckoning (as one listing charged purchases and credits)

3: a sum of money or its equivalent deposited in the common cash of a bank and subject to withdrawal at the option of the depositor

4: a right under Article 9 of the Uniform Commercial Code to payment for goods or services which is not contained in an instrument or chattel paper and that may or may not have been earned by performance

account ² vi: to give a financial account

a duty to accord