receivable
adj. C1 Advanced US //ɹɪˈsivəbəɫ// UK //ɹɪsˈiːvəbəl// re·ceiv·able
adj. describing money that a company expects to receive from its customers in the future. It is often used in business to talk about amounts owed to the company.
adj. relating to an amount of money that is expected to be received from a debtor. Often used in financial contexts to describe accounts or balances owed to a business.
The company has a large receivable from its biggest client.
The finance manager is responsible for tracking every receivable to ensure that invoices are paid on time.
A significant portion of the firm's current assets consists of trade receivables, which represent the credit sales made to customers who have not yet settled their accounts.
Inherited from Middle English receyvable; by surface analysis, receive + -able.