accounts receivable
4
5.2
- noun
- /əˈkaʊnts rɪˈsiːvəbəl/
- Specialized
:
cuentas por cobrar
- You can give instructions and keep track of accounts receivable.
- revenue and accounts receivable
- accounts receivable and payable
- gross accounts receivable
Examples
-
The accountant reviewed the report to ensure that all accounts receivable were accurately recorded.
-
I'll see what's going on with accounts receivable as soon as the meeting is over.
-
The billing review generally begins by examining the number of days that a claim is in accounts receivable.
Academic text (1993) -
You are correct; the Accounts Receivable calculated by FreshBooks includes only your home currency.
Blog text (13) -
Bank accounts should routinely be reconciled along with an extensive review of all accounts receivable and payable.
Blog text (15) -
The Dyson company uses a centralized data processing system to process its accounts receivable transactions at the headquarters office.
Academic text (1994) -
Keith B. McLennan of Collegeville, Pa., meets twice a month with his partners to review accounts receivable and plan collection actions.
Academic text (2004) -
Retainers are recommended, but should you decide to forgo a retainer, closely watch the accounts receivable.
Academic text (2011) -
Effective management of accounts receivable is crucial for maintaining a company's cash flow.
-
The small business owner was excited to see a significant increase in accounts receivable this quarter.
Synonyms
Money that customers owe a business for goods or services sold on credit
Antonyms
- Specialized
1
3.7
Money a company owes suppliers for goods or services bought on credit
How Liquid
∞
1.0
- Specialized
1
3.9
- Specialized
1
3.6
- Specialized
4
5.2
279
3.6
Surface Forms
Morphology
The phrase combines 'account(s)' (records or amounts owed) with 'receivable' (to be received), so the overall sense of 'amounts/money that a business expects to receive from customers' follows directly from the constituents. Although it is an accounting term, the compositional structure is straightforward and has close parallels in many languages, so a B1 learner who knows both words can reasonably infer the meaning.
Etymology
The term accounts receivable comes from old business record books where companies wrote customer accounts and marked some amounts as receivable — money they expected to 'receive' later. So today it means the money a business has earned but that customers still owe.