Receivable

B2 16+

Pronunciation: /rɪˈsivəbəl/

Definitions of receivable

noun an amount of money owed to a person or organization for goods or services provided

Example Sentences

A1 The company's accounts receivable increased last quarter.

A2 She is responsible for managing the receivables for the business.

B1 The finance department is working to collect outstanding receivables.

B2 The company offers a discount for early payment of receivables.

C1 The receivables turnover ratio is an important metric for analyzing financial health.

C2 The company implemented a new system to streamline the receivables process.

adjective able to be received or collected, especially in terms of money

Example Sentences

A1 The company has many receivable invoices from customers.

A2 She reviewed the list of accounts receivable to ensure accuracy.

B1 The accounts receivable department is responsible for collecting payments.

B2 The company's receivable balance has decreased significantly this quarter.

C1 The controller is analyzing the aging of accounts receivable to identify any potential issues.

C2 The CFO presented a detailed report on the company's accounts receivable turnover ratio.

Examples of receivable in a Sentence

formal The company recorded the accounts receivable on its balance sheet.

informal I have a few outstanding receivables that need to be collected.

slang I'm waiting on some cash from my clients, got some receivables coming in.

figurative Patience is a virtue, like waiting for receivables to be paid in full.

Grammatical Forms of receivable

past tense

received

plural

receivables

comparative

more receivable

superlative

most receivable

present tense

receive

future tense

will receive

perfect tense

have received

continuous tense

receiving

singular

receivable

positive degree

receivable

infinitive

to receive

gerund

receiving

participle

received

Origin and Evolution of receivable

First Known Use: 1300 year
Language of Origin: Latin
Story behind the word: The word 'receivable' originated from the Latin word 'recipere', which means 'to receive'.
Evolution of the word: Originally used in financial contexts to refer to amounts owed to a company or individual, the term 'receivable' has evolved to encompass a broader range of meanings, including assets that are expected to be received in the future.