What does receivable mean?

Definitions for receivable
rɪˈsi və bəlre·ceiv·able

This dictionary definitions page includes all the possible meanings, example usage and translations of the word receivable.

Princeton's WordNet

  1. receivableadjective

    awaiting payment

    "accounts receivable"

Wiktionary

  1. receivablenoun

    A debt owed, usually to a business, from the perspective of that business

    One man's receivable is another man's payable.

  2. receivablenoun

    Especially, a debt arising from a sale on account or on credit.

  3. receivableadjective

    capable of being received, especially of a debt, from the perspective of the creditor.

Samuel Johnson's Dictionary

  1. Receivableadjective

    Capable of being received. Dict.

    Etymology: recevable, Fr. from receive.

Wikipedia

  1. Receivable

    Accounts receivable, abbreviated as AR or A/R, are legally enforceable claims for payment held by a business for goods supplied or services rendered that customers have ordered but not paid for. The accounts receivable process involves customer onboarding, invoicing, collections, deductions, exception management, and finally, cash posting after the payment is collected. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.

ChatGPT

  1. receivable

    A receivable, often referred to as an "account receivable," is an amount of money owed to a company by its customers or other entities as a result of the company providing goods or services on credit. It is an asset account on the balance sheet where it can be either a current asset (expecting to collect within a year) or long-term asset (expecting to collect after a year). The concept of receivables extends to other business transactions, like loans, mortgages, and promises of future payments.

Webster Dictionary

  1. Receivableadjective

    capable of being received

  2. Etymology: [Cf. F. recevable.]

How to pronounce receivable?

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Numerology

  1. Chaldean Numerology

    The numerical value of receivable in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of receivable in Pythagorean Numerology is: 1

Popularity rank by frequency of use

receivable#10000#15709#100000

Translations for receivable

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"receivable." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/receivable>.

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