noun, plural accounts receivable.
a claim against a debtor, carried on open account, usually limited to debts due from the sale of goods and services.
IS YOUR VOCABULARY AS STRONG AS A HIGH SCHOOL STUDENT? TRY THIS QUIZ TO SEE!
It may seem like fun and games but this quiz that uses vocab from popular stories will determine how much you know.
Question 1 of 10
Origin of account receivable
First recorded in 1935–40
Words nearby account receivable
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for account receivable
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