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    To take an account

    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

  1. Bennevis's Avatar
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    Re: To take an account

    "to take an account (of)" has to do with numbers, with the count of something, how many or how much of something.

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