Definition

Something that is due to be paid or collected, often referring to money that is expected to be received.

Example

The company has many receivable accounts that need to be collected this month.

Conversation

I just checked the invoices, and a few payments are still receivable.

Oh, really? I thought all of them were settled by now.

Yeah, it seems like some clients are a bit late with their receivable balances.

That's frustrating! Hopefully, they'll pay up soon.

Synonyms & Antonyms

Definition

An amount of money that is owed to a business by its customers or clients, usually for goods or services provided on credit.

Example

The company has a large amount of receivables that it expects to collect soon.

Conversation

I was looking over our finances, and I noticed some receivable accounts we need to follow up on.

Oh, really? How much do we have pending?

It looks like we have around five thousand dollars in receivable amounts.

Root Explanation

Receivable → It is formed from "receive" (from Latin "recipere", meaning to take back or accept) and "-able" (meaning capable of). The word "receivable" means capable of being received or accepted.

Memory Tip

Think of being 'capable of being accepted' — 'receive' means to take in, and '-able' means capable.

Visually Confused Words