account receivable

noun

plural accounts receivable
: a balance due from a debtor on a current account

Examples of account receivable in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Here are some quick wins for rapid cash impact and better design for broader business transformation: 1. Find hidden value in accounts receivable and payable. Kerry Brown, Forbes, 25 Oct. 2024 It’s modeled after factoring, the commercial practice going back into antiquity in which a company sells its accounts receivable — what it’s owed but has not yet been paid — at a discount to get cash in hand. Doug Smith, Los Angeles Times, 24 June 2024 At March 31, 2024, our outstanding accounts receivable balance was $3.7 million. Fort Worth Star-Telegram, 14 May 2024 This is helpful for repetitive tasks associated with invoicing, order tracking, credit collections or reconciliations—freeing accounts receivable and accounts payable personnel to focus on more important, strategic initiatives. Mark Schwartz, Forbes, 21 Feb. 2024 See all Example Sentences for account receivable 

Word History

First Known Use

1812, in the meaning defined above

Time Traveler
The first known use of account receivable was in 1812

Dictionary Entries Near account receivable

Cite this Entry

“Account receivable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/account%20receivable. Accessed 5 Nov. 2024.

Legal Definition

account receivable

noun
account re·​ceiv·​able
-ri-ˈsē-və-bəl
plural accounts receivable
: a balance due from a debtor on a current account

More from Merriam-Webster on account receivable

Last Updated: - Updated example sentences
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