receivable
/rɪˈsiːvəbəl/
noun
- Receivables: amounts of money owed to a business by its customers.
- The company's receivables increased after the holiday sales.
- He works in the department that manages accounts receivable.
- The auditor checked the receivables to ensure they were accurate.
adjective
- Able to be received; especially referring to money that is owed and expected to be paid.
- Any receivable funds must be recorded in the ledger.
- The invoice is now receivable and due within 30 days.
- The company listed its accounts receivable on the balance sheet.
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