Receivable: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{a|banking|}}{{dpn||n|}}A generic term in finance for an amount of money you are owed but have not been paid yet. This might be principal or interest payable under a debt, as payment for goods supplied or services rendered, a refund — but it has the fundamental quality of being a sum of money you are legally owed by someone else, who might go bust before they pay it do you. {{sa}} *Money *Borrowed money *Risk retention rules") |
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{{a|banking|}}{{dpn||n|}}A generic term in finance for an amount of [[money]] you are owed but have not been paid yet. This might be principal or interest payable under a debt, as payment for goods supplied or services rendered, a refund — but it has the fundamental quality of being a sum of [[money]] you are legally owed by someone else, who might go bust before they pay it do you. | {{a|banking|}}{{dpn|rɪˈsiːvəbᵊl|n|}}A generic term in finance for an amount of [[money]] you are owed but have not been paid yet. This might be principal or interest payable under a debt, as payment for goods supplied or services rendered, a refund — but it has the fundamental quality of being a sum of [[money]] you are legally owed by someone else, who might go bust before they pay it do you. | ||
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Latest revision as of 13:30, 25 July 2023
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Banking basics
A recap of a few things you’d think financial professionals ought to know
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Receivable
rɪˈsiːvəbᵊl (n.)
A generic term in finance for an amount of money you are owed but have not been paid yet. This might be principal or interest payable under a debt, as payment for goods supplied or services rendered, a refund — but it has the fundamental quality of being a sum of money you are legally owed by someone else, who might go bust before they pay it do you.