Vocabulary Entry

receivable

|noun • adjective

noun

An amount of money that is owed to a business or individual.

Example Sentences

"The company has a large amount of receivables that they need to collect."

"He kept track of all his receivables to ensure timely payments."

"When reviewing the financial statements, it's important to know the total receivables."

adjective

Example Sentences

"The loan is still receivable until the due date."

"Many forms of income are receivable within a few days."

"The receivable assets of the firm have increased significantly this quarter."