Receivables

C1 16+
  • Frequency of Use
    20 %
  • Retention Rate
    60 %
  • Complexity
    50 %
  • Receivables Meanings

    noun money owed to a business by customers or clients for goods or services provided

    Fields related to receivables

    Finance

    In finance, receivables are considered as assets on a company's balance sheet and can be used as collateral for loans.

    Economics

    In economics, receivables are part of a company's working capital and impact its liquidity and overall financial health.

    Accounting

    In accounting, receivables refer to money owed to a company by its customers for goods or services provided on credit.

    Business Management

    In business management, monitoring and managing receivables is crucial for maintaining cash flow and ensuring timely payments from customers.

    Occupation Usage of receivables

    Writer

    In accounting, writers may refer to receivables as outstanding invoices or money owed to a company by its customers.

    Psychologist

    Psychologists may use receivables as a measure of a person's ability to manage their finances and pay off debts.

    Financial Analyst

    Financial analysts analyze a company's receivables to assess its financial health and liquidity.

    Business Owner

    Business owners track receivables to ensure timely payment from customers and maintain cash flow.

    Accountant

    Accountants record and reconcile receivables in financial statements to accurately reflect a company's assets and liabilities.

    Consolidated Statistics about receivables

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