Receivable: meaning, definitions and examples
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receivable
[ rɪˈsiːvəb(ə)l ]
business
Amount of money owed to a company by its customers for goods or services provided on credit.
Synonyms
credit owed, money owed, outstanding balance
Examples of usage
- Please follow up with the clients to ensure timely payment of receivables.
- The accounts receivable for this quarter have increased by 10% compared to last year.
- Managing receivables efficiently is essential for maintaining cash flow.
- Failure to collect receivables can lead to financial difficulties for the company.
- Companies often use software to track and manage their accounts receivable.
Translations
Translations of the word "receivable" in other languages:
🇵🇹 a receber
🇮🇳 प्राप्त करने योग्य
🇩🇪 Forderung
🇮🇩 piutang
🇺🇦 дебіторська заборгованість
🇵🇱 należności
🇯🇵 受取債権
🇫🇷 à recevoir
🇪🇸 por cobrar
🇹🇷 alacak
🇰🇷 받을
🇸🇦 مستحق
🇨🇿 pohledávky
🇸🇰 pohľadávky
🇨🇳 应收
🇸🇮 terjatve
🇮🇸 viðskiptakröfur
🇰🇿 алынатын
🇬🇪 საკრედიტო
🇦🇿 gələcək
🇲🇽 por cobrar
Word origin
The word 'receivable' originated from the verb 'receive' in the late Middle English period. It evolved to describe the money that is expected to be received by a company for goods or services provided. The concept of receivables has been essential in business transactions, allowing companies to operate on credit terms while keeping track of amounts owed to them.
See also: receive, received, receiver, receivers, receiving, unreceived.