Settled; closed. An account stated means an account settled, and at an end. Pull. Acc’ts, 33. “In order to consti-tute an account stated, there must be a statement of some certaln amount of money being due, wbich must be made either to the party himself or to some agent of his.” 5 Mees. ft W. 607
Source: Black's Law Dictionary 2nd Ed (1910)
