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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
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
The Panos bid excluded Tessemae’s $800,000 in accounts receivable.
—Lorraine Mirabella, Baltimore Sun, 4 Jan. 2024
McDermott was chosen as backup bidder with a $4.75 million offer, including accounts receivable,
Vetter and his two brothers started the company in Annapolis in 2009 based on their mother’s all-natural salad dressing recipe.
—Lorraine Mirabella, Baltimore Sun, 4 Jan. 2024
Some of Audacy’s lenders have committed to providing $57 million in debtor-in-possession financing — $32 million from a term loan and $25 million from an increase in an existing accounts receivable financing facility.
—Glenn Peoples, Billboard, 8 Jan. 2024
But the company’s presentation to investors at that time indicated that its budget called for the company to obtain a working capital loan of up to $40 million secured by a first lien on the company’s accounts receivable.
—Addie Morfoot, Variety, 20 Dec. 2023
This means paying careful attention not only to your bank balance but your accounts receivable, depreciation, expenses, and other financial metrics.
—Melissa Houston, Forbes, 16 July 2023
Elevating The Customer Experience Finance teams, namely those tasked with accounts receivable, are responsible for ensuring that customers pay their bills on time.
—Justin Main, Forbes, 5 May 2023
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'account receivable.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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 15 Jun. 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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