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English definition of “receivables”


noun [plural]     /rɪˈsiːvəblz/ US
ACCOUNTING amounts owed by customers to a company at a particular time and not yet paid : The company improved the management of its receivables by getting customers to pay faster . Many small firms struggle with the problem of receivables that will never be paid back.
→ See also accounts receivable
(Definition of receivables noun from the Cambridge Business English Dictionary © Cambridge University Press)
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