receivables

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Related to receivable: Notes Receivable, Receivable Turnover

Accounts Receivable

1. Money that a customer owes a company for a good or service purchased on credit. Accounts receivable are current assets for a company and are expected to be paid within a short amount of time, often 10, 30, or 90 days. See also: Collection period.

2. A unit within a company's accounting department that deals with accounts receivable.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

receivables

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

receivables

Money due from tenants or clients. Receivables are listed as an asset on the balance sheet. One can have a profit on paper, because all the rent charged to tenants counts as income, whether collected or not.One can also have a large amount of assets and be worth a lot of money, on paper, because unpaid rents—receivables—are listed as an asset. At the same time everything looks rosy on paper, you can be going broke because tenants are not paying their rent, you don't have any hope of ever collecting the past-due receivables,and there is no money to pay the bills.

(Remember this when reviewing financial information for a rental property: you must see the balance sheet and the financial statements at the same time to figure out what is really happening.)

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
"We reached out to American Receivable to test its customer service.
It determined that they could not report the amount received from the sale of the unrealized receivables on the installment method.
There is a $10 posting fee for each auction of receivables. A transaction closing fee is subtracted from the advance amount at close, and there is an administration fee charged when funds are transferred through The Receivables Exchange's lockbox.
Done right, true receivables visibility can yield the kind of business intelligence that shows where and why working capital is getting trapped.
Like factors, insurers typically require that a vendor use credit insurance to protect the vendor's entire accounts receivable portfolio.
2010-20, "Disclosures about the Credit Quality of Financing Receivables and the Allowance for Credit Losses." ASU No.
The ASU, available at www.fasb.org, was to give financial statement users a clear picture of an entity's allowance for credit losses and the credit quality of its financing receivables through the implementation of new and amended disclosure requirements regarding, but not limited to, credit quality indicators; past due and modified financing receivables; and superior levels of disaggregated information.
Local Governments, with a stock of 14.5 billion TL (9.7 billion USD), hold the largest share of Treasury receivables.
As those client receivables were collected, the taxpayer paid salaries to both shareholder and nonshareholder employees.