account receivable


Also found in: Thesaurus, Medical, Legal, Financial, Wikipedia.
Related to account receivable: account payable

account receivable

n
(Accounting & Book-keeping) accounting US a current asset account showing amounts payable to a firm by customers who have made purchases of goods and services on credit
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

account′ receiv′able



n., pl. accounts receivable.
a claim against a debtor, usu. for the sale of goods or services.
[1935–40]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
Translations

account receivable

n (Am) → conto da esigere
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
For example, a car dealer purchases 1,000 tires at $200 per tire from a tire manufacturer using credit over a five-year term instead of paying cash up front, This transaction creates a $200,000 account receivable due to the tire manufacturer.
In a scheme in which a perpetrator steals incoming customer payments, the theft results in a customer account balance that is overstated; that is, the amount the customer truly owes is less than the amount reflected on the customer's account receivable. Consequently, confirming outstanding account receivable balances directly with customers can help identify any accounts on which a payment was made but was diverted before being recorded.
An account receivable is a contractual right to receive money; thus, it is property.
For example, many states presume that all outstanding checks, void checks, account receivable credit balances, and write-offs of such items constitute unclaimed property.