Sentence examples for * the receivables from inspiring English sources

Bondholders, determined not to lose control of the receivables, have petitioned an Ohio court to install an independent receiver to take over a National Century subsidiary that manages the cash flow in the bond trusts.

The deferred revenue - $177m - was only half the receivables.

"We provide electron-level transparency," says Nic Perkin, a co-founder of The Receivables Exchange.

Instead of being paid for the receivables upfront, WorldCom will have to wait for those customers to pay their bills, which could take up to three months.

Financing through accounts receivable can be done either by pledging the receivables or by selling them outright, a process called factoring in the United States.

"By cutting the receivables time in half, you're reducing the negative float — it's the financing cost of the good or service they just sold to the government," Mr. Jordan said.

"The change is immaterial, and the unbilled receivables will be collected," Mr. Foshee said.

I handle the accounts receivables and payable invoicing, handling the bills, things like that.

Typically, as a company is paid, it replaces the old receivables with new ones.

But after the current receivables are paid, WorldCom will not be able to raise money against future customer bills, executives involved in the financing said.

With assets of $29 billion and names like the Clipper Receivables Company and Galleon Capital, these conduits are similar in design to the vehicles Citigroup and other financial institutions have had to bring back onto their balance sheets when the assets in them deteriorated.