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Meaning of receivable

Source language: EnglishDictionary language: English

receivable

noun

Definitions

  1. A debt owed, usually to a business, from the perspective of that business

    Example: One man's receivable is another man's payable.

  2. Especially, a debt arising from a sale on account or on credit.

adjective

Definitions

  1. Capable of being received, especially of a debt, from the perspective of the creditor.