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
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Credit loss expense increased to $499,000 from $229,000, reflecting reserves against patient accounts receivable and rental accounts receivable. Quartz Bot, Quartz, 19 Nov. 2024 Marty gave love and structure to his children, but accounts payable almost always exceeded accounts receivable. Dan Pompei, The Athletic, 29 Aug. 2024 One of the most effective ways to optimize cash flow is by streamlining accounts receivable. Allbusiness, Forbes, 1 Nov. 2024 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 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 25 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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