Meaning of “accounts receivable” in the English Dictionary

business-english dictionary

"accounts receivable" in Business English

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accounts receivablenoun [ plural ]

uk us also UK debtors, also US receivables ACCOUNTING

the amounts in a company's accounts that show money that is owed to the company by its customers:

At the end of the fiscal year, the company had $106 million in accounts receivable.

(Definition of “accounts receivable” from the Cambridge Business English Dictionary © Cambridge University Press)