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receivable

[rɪˈsiːvəbl]

receivable Definition

able to be received, especially money owed.

Using receivable: Examples

Take a moment to familiarize yourself with how "receivable" can be used in various situations through the following examples!

  • Example

    The company's receivables have increased significantly this quarter.

  • Example

    The amount of receivables on the balance sheet is a key indicator of a company's financial health.

  • Example

    The invoice shows the total amount receivable from the customer.

  • Example

    The receivable amount will be credited to your account within 3-5 business days.

receivable Synonyms and Antonyms

Synonyms for receivable

Antonyms for receivable

Phrases with receivable

  • the money that a company has a right to receive because it has provided goods or services but has not yet been paid by its customers

    Example

    The accounts receivable for the month of June was $50,000.

  • trade receivables

    the money that a company expects to receive from its customers for the sale of goods or services on credit

    Example

    The trade receivables for the year amounted to $500,000.

  • a written promise by a customer to pay a certain amount of money at a specified future date

    Example

    The company holds notes receivable worth $100,000.

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Summary: receivable in Brief

The term 'receivable' [rɪˈsiːvəbl] refers to something that can be received, especially money owed. It is often used in accounting contexts, such as 'accounts receivable' and 'trade receivables,' which denote the money that a company expects to receive from its customers. 'Notes receivable' refer to written promises by customers to pay a certain amount of money at a specified future date.