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accounts receivable

 

Definitions from WordNet

Noun accounts receivable has 1 sense
  1. accounts receivable - a creditor's accounts of money owed to him; normally arise from the sale of products or services
    --1 is a kind of
    assets

Definitions from the Web

Accounts Receivable

Noun: Accounts Receivable refers to the money owed to a company by its customers for goods or services that have been sold or provided on credit. It represents the total amount of outstanding payments that are yet to be received.

Example sentence: The company's accounts receivable increased significantly this quarter due to a high volume of sales.

Adjective: Accounts Receivable describes something that is related to the money owed to a company by its customers.

Example sentence: The accounts receivable department is responsible for managing and collecting outstanding payments from customers.

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