Meaning Of The Word Account receivable

Real Dictionary

What's the definition of Account receivable? Find Account receivable meanings, definitions and more at the Real Dictionary online.

Account receivable Meaning

Account receivable Definition
Account receivable Definition

What's The Definition Of Account receivable?

account receivable in American English
the amount owed to a business by a debtor, usually for goods or services
noun: a claim against a debtor, carried on open account, usually limited to debts due from the sale of goods and services

account receivable in British English
noun: a current asset account showing amounts payable to a firm by customers who have made purchases of goods and services on credit

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