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account receivable |
Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Acronyms, Wikipedia, Hutchinson | 0.06 sec. |
account receivableAny 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| ? Mentioned in | ? References in periodicals archive | |
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, incorporated on July 2, 1998, is a provider of
offshore business process outsourcing services, including customer
management and accounts receivable management services. , (G-P),
Atlanta, Georgia, USA has completed the annual renewal of its US$ 800
million accounts receivable borrowing program, which has been extended
through December 9, 2005. and
Canadian accounts receivable facilities, were unsecured. |
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