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 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

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 18 Jul. 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

Last Updated: - Updated example sentences
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