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account receivable

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.

account receivable

Any amount owed to a business as the result of a purchase of goods or services from it on a credit basis. Although the firm making the sale receives no written promise of payment, it enters the amount due as a current asset in its books. Accounts receivable constitute a major portion of the assets of many companies, and they may even be sold or pledged as collateral to obtain loans. See also account payable; factoring.



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Simply stated, Account Receivable Funding is the exchange of creditworthy commercial accounts receivable for an immediate injection of working capital.
Kaulkin Ginsberg anticipates effects of financial market crisis on mergers and acquisitions in the account receivable management industry is coming ROCKVILLE, Md.
KeyMark provides services to various industries and business departments including, but not limited to: healthcare, government, insurance, lending, accounts payable, account receivable, and human resources.
 
 
 
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