Meaning of “receivables” in the English Dictionary


"receivables" in Business English

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receivablesnoun [ plural ]

uk /rɪˈsiːvəblz/ us 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.

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