receivable
IPA: rɪsˈivʌbʌɫ
noun
- A debt owed, usually to a business, from the perspective of that business.
- (specifically) A debt arising from a sale on account or on credit.
adjective
- Capable of being received, especially of a debt, from the perspective of the creditor.
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Examples of "receivable" in Sentences
- Cash collection is a function of Accounts receivable.
- Accounts receivable departments use the sales ledger.
- Accounts receivable is a ledger in its own self contained way.
- Accounts receivable refers to money owed but not yet collected.
- The accounts receivable portfolios of business regarding delinquency are in good shape.
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