Meaning of the word "accounts receivable" in English
What does "accounts receivable" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
accounts receivable
US /əˌkaʊnts rɪˈsiːvəbl/
UK /əˌkaʊnts rɪˈsiːvəbl/
Plural Noun
1.
money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for
Example:
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Managing accounts receivable efficiently is crucial for a healthy cash flow.
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The company reported a significant increase in its accounts receivable this quarter.
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