Receivable a. : Capable of being received.

Example:


Taxonomy
accounts receivable, payment terms, debts, bad debt provision, debtors, bad debts, receivable, free encyclopedia, invoice, balance, advances, accounting, debit, credit control, allowance account, bad debt expense, journal entry, by hand.

Defination from the web:
receivable (A/R) is one of a series of accounting transactions dealing with the billing of customers who owe money to a person, company ... On a company's balance sheet, accounts receivable is the amount that customers owe to that company. ...