Receivable

/rɪˈsiːvəbl/
adjective

Something that is owed or needs to be paid to someone.

The company has an account receivable of $5000.
Visual representation of "receivable" - Something that is owed or needs to be paid to someone.

Often appears as...

  • account receivable
  • notes receivable

Usage tips

Formal

Technical

noun

A person who receives something.

As the receivable of this award, I feel very honored.
Visual representation of "receivable" - A person who receives something.

Often appears as...

  • receiver of property
  • receiver of goods
adjective

Something that is owed or needs to be paid to someone.

The company has an account receivable of $5000.
Visual representation of "receivable" - Something that is owed or needs to be paid to someone.

Often appears as...

  • account receivable
  • notes receivable

Usage tips

Formal

Technical

noun

A person who receives something.

As the receivable of this award, I feel very honored.
Visual representation of "receivable" - A person who receives something.

Often appears as...

  • receiver of property
  • receiver of goods
Definition 1 of 2
Visual representation of "receivable"
LampPro Tip 1/3

Business Context

Used in business to describe future payments owed to a company.

Illustration for Business Context
Our receivables from clients total over $200,000.
LampPro Tip 2/3

Expectation of Payment

Implies an expectation to receive payment for goods or services provided.

Illustration for Expectation of Payment
The receivable amount must be paid within 30 days.
LampPro Tip 3/3

Asset on Balance

Considered an asset on a company's balance sheet.

Illustration for Asset on Balance
The auditors reviewed the account receivable balances for accuracy.
LampPro Tip 1/3

Business Context

Used in business to describe future payments owed to a company.

Illustration for Business Context
Our receivables from clients total over $200,000.
LampPro Tip 2/3

Expectation of Payment

Implies an expectation to receive payment for goods or services provided.

Illustration for Expectation of Payment
The receivable amount must be paid within 30 days.
LampPro Tip 3/3

Asset on Balance

Considered an asset on a company's balance sheet.

Illustration for Asset on Balance
The auditors reviewed the account receivable balances for accuracy.
LampPro Tip 1/3

Business Context

Used in business to describe future payments owed to a company.

Illustration for Business Context
Our receivables from clients total over $200,000.
LampPro Tip 2/3

Expectation of Payment

Implies an expectation to receive payment for goods or services provided.

Illustration for Expectation of Payment
The receivable amount must be paid within 30 days.
LampPro Tip 3/3

Asset on Balance

Considered an asset on a company's balance sheet.

Illustration for Asset on Balance
The auditors reviewed the account receivable balances for accuracy.
Visual representation of the word "Receivable"

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Video examples

The journey of learning...

classes in finance everyone knows you can't advance your career if you don't know the difference between an account payable and account receivable I was fascinated young Future Business Leaders are not learning to code they're not interested they don't see it as relevant

Video examples

The journey of learning...

classes in finance everyone knows you can't advance your career if you don't know the difference between an account payable and account receivable I was fascinated young Future Business Leaders are not learning to code they're not interested they don't see it as relevant

Example 1 of 1
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