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
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One of the most effective ways to optimize cash flow is by streamlining accounts receivable. Allbusiness, Forbes, 1 Nov. 2024 Here are some quick wins for rapid cash impact and better design for broader business transformation: 1. Find hidden value in accounts receivable and payable. Kerry Brown, Forbes, 25 Oct. 2024 It’s modeled after factoring, the commercial practice going back into antiquity in which a company sells its accounts receivable — what it’s owed but has not yet been paid — at a discount to get cash in hand. Doug Smith, Los Angeles Times, 24 June 2024 At March 31, 2024, our outstanding accounts receivable balance was $3.7 million. Fort Worth Star-Telegram, 14 May 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 21 Nov. 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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