1. amounts of money owed to a business by its customers for goods or services provided on credit
Usage: business; accounting; usually plural

Examples

• The company’s receivables increased by 15% this quarter.
• We need to collect our outstanding receivables before the end of the fiscal year.
• The accounting department tracks all receivables in a detailed spreadsheet.
• Bad debt occurs when receivables cannot be collected from customers.
• The business factored its receivables to improve cash flow.
• Aging receivables reports show which invoices are overdue.
• The bank requires a list of receivables as collateral for the loan.