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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
It’s modeled after factoring, the commercial practice going back into antiquity in which a company sells its accounts receivable — what it’s owed but has not yet been paid — at a discount to get cash in hand.
—Doug Smith, Los Angeles Times, 24 June 2024
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
See all Example Sentences for account receivable
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 22 Oct. 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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