Name used by bankers to describe moneys owed to a business and yet to be received. Usually the amounts due from trade creditors who purchased goods or services on credit. Functionally equivalent to accounts or accounts receivable except that accounts is the only legally acceptable way to describe these assets for purposes of Article 9 of the Uniform Commercial Code. American Banker Glossary

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receivables re‧ceiv‧a‧bles [rɪˈsiːvəblz] noun [plural] ACCOUNTING
amounts of money due to be paid to a company; = ACCOUNTS RECEIVABLE:

• The company recently collected more than £30 million in overdue foreign receivables.

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   Any outstanding debts due to a company.

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receivables UK US /rɪˈsiːvəblz/ noun [plural] US
ACCOUNTING amounts owed by customers to a company at a particular time and not yet paid: »

The company improved the management of its receivables by getting customers to pay faster.


Many small firms struggle with the problem of receivables that will never be paid back.

See also ACCOUNTS RECEIVABLE(Cf. ↑accounts receivable)

Financial and business terms. 2012.

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