Receivable meaning

rĭ-sēvə-bəl
Frequency:
A business asset due to one business from another.

The clerk itemized all receivables each Friday.

noun
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Suitable for being received or accepted, especially as payment.
adjective
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Awaiting or requiring payment; due or collectible.
adjective
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That can be received.
adjective
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Due; requiring payment.

Accounts receivable.

adjective
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Suitable for acceptance.
adjective
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Accounts or bills receivable.
noun
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Capable of being received, especially of a debt, from the perspective of the creditor.
adjective
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A debt owed, usually to a business, from the perspective of that business.

One man's receivable is another man's payable.

noun
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Especially, a debt arising from a sale on account or on credit.
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Origin of receivable

  • receive +"Ž -able

    From Wiktionary