adjective
- able to be received or accepted
noun
- an amount of money owed to a business by its customers
Usage: business; accounting
Examples
- The payment is receivable within 30 days.
- All donations are receivable at the front desk.
- The company’s accounts receivable totaled $50,000.
- They need to collect their receivables before the end of the quarter.
- The receivable amount has been outstanding for three months.
- Managing receivables is crucial for cash flow.