receivable

American  

[ri-see-vuh-buhl] / rɪˈsi və bəl /

adjective

1. fit for acceptance; acceptable.

2. awaiting receipt of payment.

   accounts receivable.

3. capable of being received. received.

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noun

1. receivables, business assets in the form of obligations due from others.

receivable British  

/ rɪˈsiːvəbəl /

adjective

1. suitable for or capable of being received, esp as payment or legal tender

2. (of a bill, etc) awaiting payment

   accounts receivable

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noun

1. (usually plural) the part of the assets of a business represented by accounts due for payment

Other Word Forms

• nonreceivable adjective
• receivability noun
• receivableness noun
• unreceivable adjective

Etymology

Origin of receivable

1350–1400; receive + -able; replacing Middle English rescevable < Anglo-French receivable ( Old French recevable )

Example Sentences

The Justice Department is looking into the company’s financial dealings leading up to the bankruptcy filing, including whether accounts receivable have been pledged more than once.

From The Wall Street Journal

New independent directors are now examining whether accounts receivable were double- or triple-pledged.

From The Wall Street Journal

The company’s new directors are working with forensic accountants to investigate whether accounts receivable were pledged more than once, court records show.

From The Wall Street Journal

It said the company was facing a “severe shortage of working capital and is unable to recover most of its accounts receivable.”

From Seattle Times

You may also have accounts receivable that haven’t yet been paid.

From Encyclopedia.com