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Receivable Meaning in English

word

ɹɪˈsivəbəɫ
ri-SEE-vuh-buhl
ɹɪsˈiːvəbəl
ri-SEE-vuh-buhl

Definition

A sum of money that is owed to a company for goods or services provided, but has not yet been paid. Commonly used in accounting and business contexts.

Usage & Nuances

Primarily used in business, accounting, and finance. Common phrases include 'accounts receivable', 'trade receivable', and 'notes receivable'. Often refers to short-term assets. Not used in casual conversation.

Example Sentences

The company's receivable is listed in the balance sheet.

basic

Each invoice becomes a receivable until it is paid.

basic

Our total receivable this month is $10,000.

basic

If a client doesn't pay, the receivable stays open on our books.

natural

Some companies sell their receivables to get cash faster.

natural

Let me check our receivables before we approve more credit.

natural