noun🔗ShareA debt owed, usually to a business, from the perspective of that business"Our company's receivable from Johnson Corp. is $5,000 for the recent delivery of supplies. "businessfinanceasseteconomyChat with AIVocabulary GamePractice Reading
noun🔗ShareEspecially, a debt arising from a sale on account or on credit."The company's total receivable from sales last month was $5,000, representing money customers still owe for products they bought on credit. "businessfinanceChat with AIVocabulary GamePractice Reading
adjective🔗ShareCapable of being received, especially of a debt, from the perspective of the creditor."The invoice is marked "receivable" in the accounting system, indicating the money is expected from the customer soon. "businessfinanceeconomyChat with AIVocabulary GamePractice Reading