account receivable

noun

plural accounts receivable
: a balance due from a debtor on a current account

Examples of account receivable in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The key is to control inventory, optimize the sales cycle, and reduce accounts receivable. Dileep Rao, Forbes, 23 Dec. 2024 The company reported $340 million in cash provided by operating activities, with a significant portion used to reduce accounts payable and increase accounts receivable. Quartz Bot, Quartz, 27 Nov. 2024 There is command over cash, accounts receivable and accounts payable. Ryan Weissmueller, Forbes, 26 Nov. 2024 Credit loss expense increased to $499,000 from $229,000, reflecting reserves against patient accounts receivable and rental accounts receivable. Quartz Bot, Quartz, 19 Nov. 2024 See all Example Sentences for account receivable 

Word History

First Known Use

1812, in the meaning defined above

Time Traveler
The first known use of account receivable was in 1812

Dictionary Entries Near account receivable

Cite this Entry

“Account receivable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/account%20receivable. Accessed 30 Dec. 2024.

Legal Definition

account receivable

noun
account re·​ceiv·​able
-ri-ˈsē-və-bəl
plural accounts receivable
: a balance due from a debtor on a current account

More from Merriam-Webster on account receivable

Last Updated: - Updated example sentences
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