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accounts 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. 2012.
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Accounts receivable is always a great word to know.
So is ninnyhammer. Does it mean:
a fool or simpleton; ninny.
the offspring of a zebra and a donkey.
WordNet
accounts receivable

noun
a creditor's accounts of money owed to him; normally arise from the sale of products or services 
WordNet® 3.0, © 2006 by Princeton University.
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