account receivable

American  

noun

• accounts receivable
  plural

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

---

account receivable British  

noun

1. accounting a current asset account showing amounts payable to a firm by customers who have made purchases of goods and services on credit

---

Other Word Forms

Noun Inflected Forms

• accounts receivable
  plural

---

Etymology

Origin of account receivable

First recorded in 1935–40

---

Random Word

Spin the wheel and learn a new word!

---

Related Words

• arrears
• balance due

---