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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
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
Marty gave love and structure to his children, but accounts payable almost always exceeded accounts receivable.
—Dan Pompei, The Athletic, 29 Aug. 2024
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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 25 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
Britannica.com: Encyclopedia article about account receivable
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