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account receivable

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noun, plural accounts receivable.
  1. a claim against a debtor, carried on open account, usually limited to debts due from the sale of goods and services.

Origin of account receivable

First recorded in 1935–40
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
British Dictionary definitions for account receivable

account receivable

noun
  1. accounting, US a current asset account showing amounts payable to a firm by customers who have made purchases of goods and services on credit
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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