accounts receivable

accounts receivable
Money due or owed to a business or professional by customers or clients for goods or services. Generally, accounts receivable refers to the total amount due to a business and is considered in calculating the value of the business.
Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & Finances
Category: Business Cash Flow Problems & Bankruptcy
Category: Business, LLCs & Corporations → Business Tax & Deductions
Category: Personal Finance & Retirement → Taxes → Tax Audits

Nolo’s Plain-English Law Dictionary. . 2009.

accounts receivable
USA

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

accounts receivable
n.
   the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business's problems in paying its own debts. Evaluation of the chances of collecting based on history of customers' payments, quality of customers and age of the accounts receivable and debts is important. A big mistake made by people overly eager to buy a business is to give too high a value to the accounts receivable without considering the chances of collection.

Law dictionary. . 2013.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Accounts receivable — (A/R) is one of a series of accounting transactions dealing with the billing of customers who owe money to a person, company or organization for goods and services that have been provided to the customer. In most business entities this is… …   Wikipedia

  • accounts receivable — A right to payment for goods sold or services rendered (SA Bankruptcy.com) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • accounts receivable — a record of what is owed to you. All of the credit accounts the record of what each customer owes you taken together are your accounts receivable . Glossary of Business Terms An asset account that reflects amounts due from private persons or… …   Financial and business terms

  • Accounts receivable — Money owed by customers. The New York Times Financial Glossary * * * accounts receivable accounts receivable ➔ receivable * * * accounts receivable UK US noun [plural] also UK debtors, also US receivables) ACCOUNTING ► the amounts in a company s… …   Financial and business terms

  • Accounts Receivable - AR — Money owed by customers (individuals or corporations) to another entity in exchange for goods or services that have been delivered or used, but not yet paid for. Receivables usually come in the form of operating lines of credit and are usually… …   Investment dictionary

  • accounts receivable — trade debtors The amounts owing to a business from customers for invoiced amounts. Accounts receivable are classed as current assets on the balance sheet, but distinguished from prepayments and other non trade debtors. A provision for bad debts… …   Accounting dictionary

  • accounts receivable — trade debtors The amounts owing to a business from customers for invoiced amounts. Accounts receivable are classed as current assets on the balance sheet, but distinguished from prepayments and other non trade debtors. A provision for bad debts… …   Big dictionary of business and management

  • accounts receivable — noun a creditor s accounts of money owed to him; normally arise from the sale of products or services • Usage Domain: ↑plural, ↑plural form • Hypernyms: ↑assets * * * acˌcounts reˈceivable 7 [accounts receivable] …   Useful english dictionary

  • accounts receivable — *Short term, invoiced amounts due from *customers for the supply of goods or services. Accounts receivable are classified as a *current asset in the balance sheet when their recoverability becomes doubtful, an *allowance for bad debts is created …   Auditor's dictionary

  • accounts receivable — gautinos sumos statusas T sritis Gynyba apibrėžtis Sumos, kurios turi būti gautos iš skolininkų. atitikmenys: angl. accounts receivable šaltinis NATO mokymų ir pratybų finansavimo terminų žodynas AAP 43(1), 2009 …   Lithuanian dictionary (lietuvių žodynas)

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”