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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
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
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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
Britannica.com: Encyclopedia article about account receivable
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