account-receivable

account receivable

noun, plural accounts receivable.
a claim against a debtor, carried on open account, usually limited to debts due from the sale of goods and services.

Origin:
1935–40

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
account receivable
 
n
(US) accounting a current asset account showing amounts payable to a firm by customers who have made purchases of goods and services on credit

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Account-receivable is always a great word to know.
So is lollapalooza. Does it mean:
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
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