accounts receivable
US /əˌkaʊnts rɪˈsiːvəbl/
UK /əˌkaʊnts rɪˈsiːvəbl/
1.
money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for
:
•
Managing accounts receivable efficiently is crucial for a healthy cash flow.
•
The company reported a significant increase in its accounts receivable this quarter.