Receivables are recorded as an asset by the company because it expects to receive payment for the outstanding amounts soon. Long-term receivables, which do not come due for a significant length of time, are recorded as long-term assets on the balance sheet; most short-term receivables are considered part of a company's current assets.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
receivables — The word receivables has no legal definition, but is used to mean the amounts owed to a business by debtors. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010. receivables … Law dictionary
receivables — Name used by bankers to describe moneys owed to a business and yet to be received. Usually the amounts due from trade creditors who purchased goods or services on credit. Functionally equivalent to accounts or accounts receivable except that… … Financial and business terms
receivables — Amounts of *money owed to an organization or individual. Trade receivables are referred to as *accounts receivable and nontrade receivables range from employee *advances to *taxation rebates. See also *debtor … Auditor's dictionary
receivables — noun plural Date: 1863 amounts of money receivable … New Collegiate Dictionary
receivables — noun All the debts etc. owed to a company by its debtors or customers … Wiktionary
receivables — Synonyms and related words: avails, box office, commissions, credit, credits, disposable income, dividend, dividends, earned income, earnings, gains, gate, gate receipts, get, gross, gross income, gross receipts, income, intake, make, net, net… … Moby Thesaurus
Receivables — (права требований) общий термин, относящийся к платежам в счет погашения процентов и основного долга по определенному активу; такие платежи осуществляются в пользу собственника актива, поэтому также говорят о «правах требования собственника… … Ипотека. Словарь терминов
receivables — re|ceiv|a|bles [rıˈsi:vəbəlz] n [plural] amounts of money that are owed to a company … Dictionary of contemporary English
receivables — rÉª ÉªËvÉ™bls n. bills and notes which are owed, incoming payments on accounts … English contemporary dictionary
receivables — amounts owed to a business, regarded as assets. → receivable … English new terms dictionary