Please explain me the meaning of "taking an account" in the context below.
The case concerned a provision in a deed whcih stated that, in the event of insolvency of a partner, an account was to be taken and the bankrut was to lose his interest in the partnership assets.
Many thanks
"to take an account (of)" has to do with numbers, with the count of something, how many or how much of something.
http://multitran.ru/c/m.exe?a=3&&s=t...ount&l1=1&l2=2