Receivable

Receivable,

Definition of Receivable:

  1. Amounts owed to a business, regarded as assets.

  2. Able to be received.

  3. Accounting term for amount due from a customer, employee, supplier (as a rebate or refund), or any other party. Receivables are classified as accounts receivable, notes receivable, etc., and represent an asset of the firm.

Synonyms of Receivable

Admissible, Admissive, Admissory, Back, Due, Hospitable, Imbibitory, In arrear, In arrears, Ingestive, Intromissive, Intromittent, Invitatory, Inviting, Mature, Open, Outstanding, Owed, Owing, Payable, Receptible, Receptive, Recipient, Redeemable, Unpaid, Welcoming, Unsettled, Outstanding, Unresolved, Unattended to, Due, Overdue, Owing, Owed, Receivable, To be paid, Payable, Undischarged, In arrears, In the red

How to use Receivable in a sentence?

  1. Lenders first exclude ineligible assets, such as receivables that are more than 90 days overdue.
  2. Part of this agreement states that both partners should be honest and fair by showing each other all the accounts payable and receivable on a monthly basis to maintain total trust through the duration of the partnership.
  3. Only some of the money was receivable and the rest had to go into the bank for the time being and could only be withdrawn in a couple months.
  4. The receivable had not been accounted for yet as the company was changing their accounting accrual method one time this decade.
  5. While reviewing accounts receivable for the firm in which she worked, she noticed one particularly delinquent client that had been still retaining their services.

Meaning of Receivable & Receivable Definition

Receivable,

Definition of Receivable:

  • A simple definition of Receivable is: Recipient accounts, also called debtors, are accounts that are received from your customers to the company for goods or services that have been delivered or used but not paid for.

    • Companies that allow consumers to buy goods or services on credit will have a debt on their balance sheet.
    • Received accounts are recognized on sale when products or services are provided but not paid.
    • Accounts received for remittances and services decrease with the receipt of payments from customers.
    • The expected default value is listed in the Suspicious Account Allowance.

Meanings of Receivable

  1. To be accepted

  2. The amount owed to the company is considered an asset.

Receivable,

Receivable Meanings:

Receivable means: Recipient accounts, also called debtors, are accounts that are received from your customers to the company for goods or services that have been delivered or used but not paid for.

  • Companies that allow consumers to buy goods or services on credit will have a debt on their balance sheet.
  • Accounts received from customers are recognized when sales are made when products or services are provided but not paid.
  • When a payment is received from a customer, the number of accounts received decreases.
  • Expected default value is listed in the Suspicious Accounts Allowance.

Receivable,

What is The Meaning of Receivable?

The definition of Receivable is: Receivable accounts, also known as lenders, are accounts that are charged from your customers to the company for goods or services that were delivered or used but not paid. Was gone

  • Companies that allow consumers to buy goods or services on credit will have a debt on their balance sheet.
  • Receivable accounts are recognized on sale when products or services are delivered but not paid for.
  • Receivable accounts decrease when payment is received from the customer.
  • Estimated default value is listed in the Suspicious Accounts Allowance.