- 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
- 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