Receivables

Look up receivables in Wiktionary, the free dictionary.

Receivables may refer to the amount due from individuals and companies. Receivables are claims that are expected to be collected in cash. These are frequently classified as:

• Accounts receivable, one of a series of accounting transactions dealing with the billing of a customer for goods and services they have ordered
• Notes receivable, represents claims for which formal instruments of credit are issued as evidence of debt, such as a promissory note. The credit instrument normally requires the debtor to pay interest and extends for time periods of 60–90 days or longer

Receivables may also refer to:

• The Receivables Exchange, an online marketplace where businesses buy and sell their accounts receivable, through real-time auctions
• Receivables turnover ratio, one of the accounting activity ratios, a financial ratio